Why we believe that you need to be a medium-term market timer, to do well in all markets. A lesson from history http://puzzlefinancialadvice.com.au/2021/Core/Static_Asset_Allocation_long_term_buy_and_hold_strategies_often_fail_Why_is_that_210202.pdf
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Jeremy Grantham 27/2/2012 "Believe in history. History repeats. All bubbles break. Be patient and focus on the long-term. Wait for the good cards."
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Will there be a COVID surge opening the Australian economy?
Here is the COVID delta experience for countries with high vaccination rates dealing with delta variant at 20-Oct-21
But before we go there, this is the pressure that NSW & Victorian Hospitals are under before starting open up. The medical staff are already under HUGE pressure before the surge of cases that DEFINITELY lies ahead. (The following article is written by a specialist doctor https://www.smh.com.au/national/these-are-really-sick-people-my-week-working-on-a-sydney-covid-ward-20211016-p590j4.html ) And the Federal government have not had the decency to give the front line medical staff the Pfizer booster ... to provide them with the much-needed much greater protection that it is already scientifically proven they our medical staff would have with that booster.
The surge/spike in infection rates caused by delta. https://ig.ft.com/coronavirus-chart/?areas=usa&areas=gbr&areas=isr&areas=aus&areas=dnk&areasRegional=usny&areasRegional=usnj&areasRegional=usca&areasRegional=usnd&areasRegional=ussd&areasRegional=usmi&cumulative=0&logScale=0&per100K=1&startDate=2020-09-01&values=cases
Note the impact of Pfizer booster shots which Israel began rolling out on 31-July-21, giving boosters to all 60+ year olds in August, then rolled out to the rest of the population after that.
Hospitalisations. https://ourworldindata.org/covid-vaccinations
Note the impact of Pfizer booster shots which Israel began rolling out on 31-July-21, giving boosters to all 60+ year olds in August, then rolled out to the rest of the population after that.
Deaths. https://ig.ft.com/coronavirus-chart/?areas=usa&areas=gbr&areas=isr&areas=aus&areas=dnk&areasRegional=usny&areasRegional=usnj&areasRegional=usca&areasRegional=usnd&areasRegional=ussd&areasRegional=usmi&cumulative=0&logScale=0&per100K=1&startDate=2020-09-01&values=deaths
Note the impact of Pfizer booster shots which Israel began rolling out on 31-July-21, giving boosters to all 60+ year olds in August, then rolled out to the rest of the population after that.
Double dose vaccinate rates - % of the whole population (not just % of over 16-years olds that Austrlaia focuses on).
Percentage of whole population with at least 1 dose of vaccine.
The scientific evidence for Pfizer boosters now .... already approved for immunocompromised Australians. But boosters are needed urgently to font line medical staff ... and then to everyone else.
What's to know about booster jabs
On Health Report with Dr Norman Swan
https://www.abc.net.au/radionational/programs/healthreport/booster-jabs/13591048
As NSW opens up more this week and Victoria marks the beginning of the end of its lockdown there is nervousness in both states about the extent to which cases will grow and the effect on hospitalisations, ICU admissions and deaths. Denmark which also opened up progressively is now seeing a surge in cases since it opened up completely on Sept 10th, but increasingly, analysts are concluding that waning immunity to vaccines is playing a significant role with breakthroughs in fully vaccinated people who were jabbed six months or more ago. It suggests that we in Australia should get onto this now.
Guest: Professor Raina MacIntyre, Global Biosecurity Program, Kirby Institute, UNSW
Host: Dr Norman Swan
Producer: Diane Dean
Duration: 8min 22sec
Broadcast: Mon 18 Oct 2021, 5:30pm
UK is already rolling our boosters to all those over age 50 - because of the issues that Professor MacIntyre is discussing