Market Views: What are the investment implications of the Omicron variant?

Omicron, the latest Covid-19 virus variant, is stifling investor’s visibility and making it difficult to draw strong investment conclusions. The S&P 500 closed last week recording its worst one-day percentage loss in nine months, but rebounded on Monday as hopes grew that the variant might be milder than first feared. European markets, which were already feeling the pressure from a new outbreak of the Delta variant, corrected even more aggressively. Most investors feel the…