Tag: pandemic

(29 November 2021) The pandemic continues.  An official alert from the WHO regarding the new Omicron variant caused markets to sell-off sharply on Friday amid mounting concern that the virus may becoming more transmissible.  Many countries have tightened restrictions in response to the new threat although it is still early days.  Based on early data out of South Africa, it seems that most cases are mild among vaccinated people, although unvaccinated people may be more likely to be experience serious illness and hospitalization. While Friday's near-panic selling saw stocks...