Markets Crash Amid News of New COVID Variant

If you woke up today after sleeping on from a big turkey dinner last night, you may have awoken to a stock portfolio that just took a massive hit.

The reason for the massive plunge was the news we reported earlier of a new COVID variant that is going through South Africa right now.

As researchers try to figure out the new strain, the markets plunged, as investors are pulling money out in anticipation of what is to come.

Knee Jerk

Earlier today, the World Health Organization announced it was holding an emergency session regarding the new COVID strain.

However, the organization also warned of reacting in a “knee-jerk” fashion.

Investors waived off the warning, as the market was down over 1,000 points at one point.

The S&P and NASDAQ also took a hit, falling 2.3 and 2.2 percent, respectively.

The only good news for the market today is a shorter session, with a 1:00 p.m. EST close scheduled for today.

Oil also plunged, with Brent Crude, the industry’s global standard, taking an 11 percent hit.

The US benchmark, West Texas Intermediate, also took a significant hit, falling by 12 percent.

As expected, the travel industry took a massive hit, as travel restrictions are already being announced as countries make moves to ensure the new variant does not cross their border.

Airlines and cruise ship lines, for the most part, all experienced a double-digit drop in value.

The United States, so far, has been quiet about instituting travel restrictions against South Africa, with Dr. Fauci stating that he needs to see the data before recommending such a restriction being put in place.

The UK, EU, Israel, and several other countries are not waiting, having already put travel quarantines or outright restrictions on travel to and from South Africa.

What do you guys think? Should travel restrictions be put on South Africa to try to prevent the new COVID variant from entering the United States?

Tell us what you think in the comments section below.

Source: Breitbart

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38 Responses

  1. If you wait for Fauci to F…. us up again don’t wait to long it will happen. Looks like he want the new various to come to the US so he can put new restrictions on us again. He is a monster

    1. While BIDEN is shutting down PIPELINES and OIL WELLS, CHINA is TESTING HYPERSONIC NUCLEAR MISSLES. What do we do with our SHIPS, PLANES, TANKS and other MILITARY EQUIPMENT that runs on PETROLEUM PRODUCTS? WILL WE HAVE A SWIMMING, WALKING, NO JET PLANES, NO HELICOPTERS “MILITARY” you IDIOT?

  2. I was told specifically by Biden himself that he was going to do a lot better job than Trump on the deadly Corona Virus if he is voted POTUS!

    He would put an end to the Virus!

    Not even a year later look at the lies he spread to the American people!

    Let’s go Brandon!!!!!

    1. The deepstate put him in there….he’s their puppet. Now that the Delta variant didn’t make ppl fearful, the deepstate comes up with so called new variant from Africa. It’s all about control and depopulating the people. It’s called The 2030 agenda, go on duckduckgo.com . Google won’t tell you the truth.

  3. Shut down travel to and from foreign countries, ALL foreign countries. Stop illegal immigration. Stop all the criminals from our country. Get UN out of our country

  4. The evil monsters in the cabal that is pulling Biden’s strings WANT the U.S. to be locked down again, so they can have TOTAL CONTROL of this country. They have 3 gods – POWER, CONTROL, AND MONEY.
    We the people have got to resist this constant attack on our constitutional rights, before it’s too late.
    There will be a point of no return.
    The 2022 midterms are the key to beginning taking back our country.

  5. Stop people from Afarica from coming to U.S for a while until we can check out what’s happening. PERIOD…..

  6. Shut down travel from South Africa and CLOSE the Southern Border. All common sense reactions. American Citizens are under strict mandates but the illegals come in freely carrying Covid, TB, measles, chicken pox, etc. etc. Let’s Go Brandon. Trump is our true President and everyone knows it.

    1. I agree with all the comments. Fauci is not to be trusted and Trump should have fired/removed him from all his involvement of handling tax dollars and giving advice to the public. Close the Southern border and South Africa. Might need to be real strict and stop many more countries.

  7. here we go again wait and see atitude from fauci
    well i think he will wait till its the shore of the US
    so they can impose restrictions on americans
    and restrict voting in 2022

  8. Biden will not shut down travel because that is what Trump did and that might be a good idea so he cannot shut travel down. If something was good under Trump that is a no no for Biden. Sort of like remain in Mexico, drill baby drill
    LETS GO BRANDON IS THE RIGHT THING TO SAY !!!!!!!!!!!!!!!

  9. don’t worry biden has it under control he is vacationing in marthas vineyard while the market is started to crash
    and has nothing to say to stabalize the stock market
    maybe he is still sleeping

    1. Biden probably ate too much Turkey and his colon is acting up again. Can’t be bothered by America’s crisis’s. Biden is the worst President ever to sit in our house. Liberals had better wake up, because if they don’t, our country will be controlled by Biden and the rest of his cabal. Citizens will be controlled, but illegals will not. This is so destructive to our country. But, in my view, Biden is DOING THIS BY DESIGN. PERIOD. He wants America to fall into Communism. This has been his and Obama’s plan all along.

  10. I say, quit trying to uh se scare tactics to control us! Hasn’t the world gone crazy enough from the beginning of this crap!? More excuses to force people to inject themselves with the phony vaccine and remove our freedoms! Trust in God, not the needle! You’d be surprise how soon this will all end. Besides, Fauxi can’t even keep his stories straight, so why trust him!

  11. The only places other than Africa is from people coming from africa! So stop all incoming flights and any one who visits africa, has to be a quarantine for 14 days minimum.

    1. The first thing Biden needs to do is close the Southern Border immediately and ban all flights going and coming from Africa. But these are the common sense things. Biden does not rule by common sense nor the rule of law. And, Congress is letting him get away with this. WHY, WHY, WHY??? I, as an American citizen for 79 years want to know who is running our country. I never in my wildest imagination expected anything like this to happen in America.

  12. Next the Ghislane Maxwell trial and the announcement that the Queen of England is dead. Than it’s all over …say goodbye to msm and the deepstate.

  13. If Trump were President, we’d ALREADY have the barriers up. Biden couldn’t make up his (ha ha) mind if he (and our) life depended on it. What a PUTZ!!!

  14. Biden and the democRATS will do very little about any new variant so they can force mail in voting in 2022 and totaly try to have another BS election. This time they will lose but at yours and my cost.

  15. You know all these years I just thought joe Biden was a total idiot!
    Now I believe he is that a traitor, liar, thief, pedafile evil SOB!
    FJB

  16. Well I guess the talking heads will come back out nobody really knows anything but the so called “experts” will be back giving out all sorts of information so good some bad

  17. BIDEN IS A CLOSET COMMUNIST !
    We are very lucky to have Joe .
    He is leading this country on hate !
    Anything that’s good for the country is likely a pro Trump supporter issue !
    Joe is doing what is told . By the squad
    Joe is killing the Democrat party !!!
    He is such a wonderful liar !
    LETS GO BRANDON! Fauci / monster

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