This year will be a very important one for me. Not that I'm planning something significant for myself but rather for my son who is going to take his PSLE. The first thing to resolve was to get his Covid vaccination out of the way. So the first shot is now taken and thankfully there were no side effects. I saw many parents at the community centre where the jab was available and could imagine the high take up rate in the days to come. The process throughout was smooth, just like when I took mine. However, the experience was slightly tainted by a mid 40s father sitting in the waiting area with me. His daughter called him when ready to leave, he tried to find a way out of the place and began making remarks about the complicated directions and spouting vulgarities towards her. I mean, what kind of father does that and it's no fault of hers in the first place.
In the immediate period, the twin challenge of rising interest rate and Omicron variant will dominate market mood. For the former, I think it's inevitable to happen sooner rather than later. Only hoping that the pace of increase is spread out longer over the year. Financials, commodities and bonds will be the flavors over the next few months. As for Covid, my view is the fatalities are not as bad as seasonal flu. With high vaccination rate, Singapore should open up further to improve economic activities with masks in place. It doesn't make sense to keep people to groups of 5 since areas of congregation eg offices and eateries only serves to keep people apart temporarily. Interaction still goes on and people split up to go home or meet others. I'm sure this limitation does not stop creative ways to skirt the rule, after all you can't stop human socializing. Well, I had dinner with two of my best friends from college and we concluded Covid has taught us to appreciate those who you care about.
Tip: Dewar's Double Double 21, slight peach with sherry, overall smooth and decent
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