Santa vs the Two Grinches, Again

Check out the accompanying pdf and chart collection. (1) Santa runs into turbulence. (2) The attack of the two variants. (3) Omicron is fast spreading, but less dangerous, especially to the vaccinated. (4) Will herd immunity be the outcome? (5) New cases soaring in Europe, but not hospitalizations, so far. (6) China faces the Omicron challenge. (7) The hawkish variant of the FOMC. (8) Levitating dot plot. (9) Waller says March is a “live meeting.” (10) Pivots and rotations. (11) A slimmed-down variant of Biden’s BBB likely to pass in early 2022. (12) People are disappearing in China, and so is retail sales growth. (13) Will China’s property bubble burst or just deflate? (14) Movie review: “Spencer” (+).