Omicron storms the markets…

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Omicron storms the markets…

A wave of panic swept through the markets on Friday. The announcement of the emergence of a new variant, referred to as ‘Omicron’, with multiple mutations, apparently highly contagious and potentially resistant to existing vaccines, led to a sharp fall in the markets.

The markets seem to be regaining some composure this morning because nothing is certain, in particular, the comments about Omicron’s resistance to vaccines. But the next few days are likely to be marked by high volatility.

November 29, 2021, 10:54 am

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