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Live Trading News > Blog > Headline News > “Omicron Hype is Unwarranted”
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“Omicron Hype is Unwarranted”

Paul Ebeling
Last updated: November 29, 2021 7:44 am
Paul Ebeling
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#hype #noise #omicron #virus

National Chair of the South African Medical Association, Dr. Angelique Coetzee, who made an early discovery of the Omicron variant amongst patients, says “the hype” that has been and continues to created surrounding the variant is unwarranted.

The variant was detected and announced by South Africa’s National Institute of Communicable Diseases (NICD) on 25 November from samples taken from a laboratory from 14-16 November.

Dr. Coetzee told us that in 1 of the “biggest hospitals” in the country of South Africa, there is just 1 patient who is COVID-positive on ventilation, and there has been no confirmation, as of Sunday, that Omicron is the cause.

“The hype,” Dr. Coetzee says, “that’s been created currently out there in the media and worldwide doesn’t correlate with the clinical picture. And it doesn’t warrant to just cut us off from any traveling, and bans South Africa as if we are the villains in the whole process — should not be like that.”

Dr. Coetzee, who is also on the Ministerial Advisory Committee on Vaccines, says, “looking at the mildness of the symptoms we are seeing currently, there’s no reason for panicking as we don’t see severely ill patients.”

“I also checked with the hospital, some of the hospitals in my area, and one of the biggest hospitals they only have one patient currently that’s COVID-positive on a ventilator, and they don’t even know whether it’s COVID — you know it’s Delta- or whether it is Omicron-related.”

Reports of the new variant have since resulted in several European countries, such as the United Kingdom, issuing travel bans on southern African countries, a ban that South Africa has strongly contested.

Since Friday, the United States and some Asian nations have also banned travel from South Africa. 

So, Tune out the fearmongering Noise and enjoy life!

Have a healthy, prosperous week, Keep the Faith!

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By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
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