36 days ago • Posted by Paul de La Baume

Omicron fears ease #markets #stocks #macro

Risky assets have continued to rebound amid easing Omicron fears. News flow is encouraging. South Africans contracting the omicron variant in the current wave are 80% less likely to be hospitalized compared with other strains, according to a new study. United States regulators authorising Pfizer’s antiviral COVID-19 pill, Paxlovid, for high-risk people is also brightening the outlook. Number of daily cases continued to ramp up globally, but declining in South Africa.

#Stocks #Macro