The uncertainty strikes back, Booster Compulsory
The omicron virus seems to be more infectious but experts are still unsure about its severity compared to the delta variant. If all it is is a variant that spreads faster then I still feel that it is less of a concern despite the spike in positive cases. That said, uncertainty in the market continues to brew worldwide. In the past week, we noticed that the indexes are swinging violently and many growth stocks are hit hard as the world rotate towards consumer staples and growth stocks. As we await confirmation on the latest variant, investors should be aware that newer variants will emerge as a result and we should aim for the steady state while living with covid rather than being covid free.
