A former Blackrock analyst paints a dismal picture for the future of vaccinated Americans. Via ZeroHedge:

A few key observations:

• Mortality worsened in 2021 vs. 2020 despite widespread vaccinations

• A spike in Mortality among younger, working-age individuals coincided with vaccine mandates

• The spike in younger deaths peaked in Q3 2021 when Covid deaths were extremely low (but rising into the end of September)

But there’s more. The massive overload of deaths in America, especially among working-age men, is hurting insurance and reinsurance companies.

On Tuesday, financial insurance company Unum reported that their Life segment saw an increase of 9% in their ratio of payouts vs. premiums (Benefit ratio), a 17.4% increase in 2021 vs. 2020 despite widespread vaccinations, and a 13.3% increase over 2019.

Other insurers seeing similar increases in deaths after vaccine push:

Hardford Insurance Group, which reported that mortality is up 32% from 2019 pre-covid levels, and 20% from 2020 pre-vaccine levels.

But that’s good news for funeral services businesses.

On Wednesday, Dowd noted that funeral home company Carriage Services saw a 28% increase in September 2021 vs. 2020, and a 13% increase in August vs. the same period. Funerals and cremations are up 12% and 13% respectively on the quarter.

If you own insurance stock, prepare for bleak returns:

Reinsurance Group of America, for example, reported a profit in Q4 2020 when the most of the population was unvaccinated and amid a deadlier strain of Covid-19, yet they registered a loss in Q4 2021 with more than 60% of the country fully vaccinated (and around 75% who have received at least one dose).

Vaccines do more harm than good (with the possible exception of the very old and the very sick.)