Omicron has done a number on the markets that is for sure. They have bounced a little today, but from sharp falls last week.
I can't help but think the media is again taking the bad news and running with it. No real time has been spent understanding if this variant is really any worse than Delta or even if it will be able to out compete it - a high bar given Delta was already 6x more catching than Alpha.
It will be a few weeks to see, the Governments across the world are quicker now with restrictions, but it might all blow over very quickly - it is my hunch, so I hope I am right!