It was published on 11 Dec Pfizer Vaccine Has 23% Efficacy Vs. Omicron in South African Lab Study. A two-shot course of Pfizer Inc.’s vaccine has just 22.5% efficacy against symptomatic infection with the omicron variant, but can thwart severe disease, according to laboratory experiments in South Africa.

The reasonably good results must have come as a sigh of relief for many retail investors. Alibaba was in the limelight since late last year for all the wrong reasons. Last November, regulators slammed the brakes on the firm's would-be record-breaking $37 billion Ant Group's IPO. In April last quarter, she was fined $2.8 billion for anti-monopoly practice.  A piece of good news is the company will boost its current share buyback plan, from $6 billion to $10 billion. The company business model is still intact. Certainly worth putting the company in your watchlist.

Last few days, share price fell from 19c to 12c, almost 28% fall. Many retail investors suffered losses. But Temasek Holdings and short sellers must be very happy laughing to the bank. Looks like TH will be able to increase her stake from 42% to 67% by subscribing for excess rights. The rich will always get richer.

Musk's pronouncement in a Tuesday interview that he is done selling shares. Musk had promised to sell 10% of his stake, which at the time stood at roughly 170 million shares; filings with the Securities and Exchange Commission show that Musk has sold about 13.5 million shares for roughly $14 billion.

Former US President Donald Trump added USD6.7 trillion to the national debt, an increase of 33% to fund his MAGA plan. Now Joe Biden is planning to add another USD6 trillion to fund his B3W plan. The FED is caught between a rock and a hard place. She has to support her political master. But too much QE and near zero interest rate is inflationary. All 3 major US stock indices continue to scale new heights due to excessive liquidity. Many counters are trading at ATH. The bubble is getting more and more inflated. Retail investors should exercise caution and avoid playing the musical chairs.

US can't expect the last 2-year Covid-19 pandemic bull run to continue through QE & ultra loose monetary policy. You can't have your cake and eat it too. US inflation is now at 7%, the highest since 1982. More and more countries are also getting disgusted with the US for abusing the USD as an int'l reserve currency. Can expect much volatility going forward with increasing probability of downsides especially with unreasonable high valuations. 

Don't celebrate yet. Omicron spread: 108 countries and over 1.5 lakh patients in a month. The first case of Omicron was reported on November 24 in South Africa and the World Health Organization (WHO) declared it as a variant of concern within a couple of days. Increasing, it looks like strategy has backfired.

Don't think many retail investors are caught by surprise as the writing already on the wall for some time. Bull run since early last year despite Covid-19 pandemic.  In fact, what surprised me more was the continual bull run without any 5% or more correction for a long period of time.

High time to implement this, not just for China but every country should do it - The security review will put a focus on risks of data being affected, controlled or manipulated by foreign governments after overseas listings, said the Cyberspace Administration of China. Just 2 days ago, the Biden administration added 14 Chinese companies and other entities to its economic blacklist over alleged human rights abuses and high-tech surveillance in Xinjiang. This is in addition to last month blacklisting 59 Chinese companies. The trade war started by Trump in 2017 has now deteriorated into technological and financial war. As a counter measure, China will likely discourage Chinese IPO in US market, which is worth billions of dollars. Bad for stock market in the near term,

Of course it is hard to predict inflation but it shouldn't be difficult to define what it means by inflation is transitory. A deliberate plan to stay ambiguous to shift goalpost

All 3 major US stock indices have a fantastic bull run since March 2020, the start of the Covid pandemic due to massive QE and loose monetary policy. Trump and Biden have together printed over USD10 trillion, exerting tremendous inflationary pressure on the economy. The US producer prices were up from 7.8% in the prior month. That's the largest gain since the data was first collected in November 2010. Nothing goes up in a straight line forever.

Warren Bufffett excellent achievement:  Since taking the helm of Berkshire Hathaway in 1965, the Oracle of Omaha has led his stock to an average annual return of 20%.  His advice and his quotes  are certainly worth learning and understanding. 

FAANG are all trillion dollars companies. They are big and powerful. US politics depends on them for support.