Biden Says Not Concerned About ALL OF US Stock Market Plunge as He ‘Expected It’
Puppet chief executive knew Covid strain might shake markets because which is part of the globalist blueprint to impose the Great Reset.
WASHINGTON (Sputnik) – US President Later on Biden said on Friday that he is not concerned about the particular plunge in the US stock market and he had expected it more than concerns related to the new Omicron coronavirus variant.
“ I actually expected it, ” Biden told reporters when requested if he is worried about the particular stock market plunge.
Earlier on Friday, the US stock market fell 900 points over concerns about the new variant of the novel coronavirus detected in southern Africa.
The US Dow Jones Industrial Average closed 905 points reduce, losing 2 . 5%, as all sectors slid dramatically into negative. The S& P 500 slipped second . 27%, while the Nasdaq Composite dropped 2 . 23%, according to CNBC.
Dow Jones closed down > 900 points in greatest drop since Oct 2020 as new COVID variant sparks market plunge. It’s the worst Black Friday upon record for the Dow, acc to Dow Jones Marketplace Data. WHO says brand new Coronavirus strain detected within Southern Africa is version of concern. pic. twitter. com/CsxdzsfK9r
— Holger Zschaepitz (@Schuldensuehner) November 26, 2021
Global oil prices also plummeted, with the benchmark mixture of oil, Brent, losing 11. 26% to slip from $82. 26 to around $72. 84 per barrel and the United states benchmark blend, WTI, losing 12. 57% to reach $68. 16 per barrel as of 16: 52 GMT.
Holy moly 🚨
Brent crude oil is down by more than 10% today due to fears from the new Covid strain
It’s trading in the $73/bbl range now pic. twitter. com/kdZn2CP3WJ
— Stephen Stapczynski (@SStapczynski) November 26, 2021
The new variant, M. 1 . 1 . 529, will be reported to carry an exceptionally high number of mutations, many of them in spike proteins, the main target of COVID-19 vaccines, possibly making it even more transmissible compared to “ delta” strain, which previously became globally prominent.
“ We don’t know a lot about the variant, except that it is of great concern, it seems to spread rapidly, ” Biden told reporters on Friday.
“[F]or those People in america who are fully vaccinated towards severe COVID illness – fortunately, for the vast majority of our own adults — the best way to improve your protection is to get a booster shot, as soon as you are eligible, ” Biden said inside a press release. “ For those not really yet fully vaccinated: obtain vaccinated today. ”
On Friday, the US announced new journey restrictions just for foreign travelers from eight countries in southern The african continent due to the emergence of the new coronavirus variant. Simultaneously, some other countries announced the suspension system of travel from the southern part of Africa, including the UK, Turkey and EU members.
The World Health Organization (WHO) identified the new version as one of concern and dubbed it Omicron, the fifteenth letter of the Greek alphabet.