- Will Omicron put a stop to the global vaccine re-opening strategy?
- Will this trigger another round of stock market crashes?
- Or is it an opportunity for bargain hunting?
Almost all stock markets took a big hit amidst the news of Omicron, a name that many are still struggling to spell and pronounce accurately. The global stock market dropped more than 5% in the last two weeks of November. This new Covid variant is said to be more easily transmittable and has forced many governments to scramble to shut their borders to African countries, and then extend the closure to other countries.
The questions on every investor’s mind now are: