I thought I'll start this note away from SARS Cov-2 but very much on the same thread. Yes guys, I am talking about narratives. Narratives have been dominating trading for a while, like the Vanguard fund that makes you a steady return every year...Yeah, right! Look at your Vanguard fund now. That's the power of narratives; if you plant it, it will grow. We see this in the Covid-19 "it's just the flu" narrative to the "herd immunity narrative" onto the "it only affects the old