Weekly Market Commentary By H.E.R.O. (23 to 26 Nov 2021)
Global and U.S. stocks tumbled on Friday with the worst post-thanksgiving Black Friday in over 70 years to extend losses during the week after the discovery of a “dramatically” new, heavily-mutated vaccine-resistant coronavirus variant shook market sentiment, with commodity/oil, travel, and banking stocks leading the sell-off. The little-understood B.1.1.529 “Omicron” variant, first identified in Botswana,…
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