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No. of Recommendations: 3
I think Delta is a nothing-burger in reality

Dr, I admit to having been a pessimist all along with COVID and got the market completely wrong on it last year.

However, I think there is a lot of mounting evidence that the coming delta wave is going to be as bad as last Christmas. The vaccinated will be spared the worst of the health effects but there are loads of unvaccinated youth and adults that will not.

California has already reinstituted a mask mandate and Apple has delayed their return to workplace date. I think many more municipalities and workplaces will follow suit. The only question to me is timing... does this happen before or after return to school/labor day.

No idea what to do with stocks. I have some COVID plays with low PE's and high cash due to profit from last year but market not liking their prospects (QDEL, OPK). But probably bad Q2 earnings are soon to be announced so do not even want to put more money in them right now.


GLTA
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