Last week, investors around the world got a rude shock after news emerged of a new Covid-19 variant (“Omicron” or B.1.1.529), and this in turn triggered one of the worst Black Friday corrections on record.
The World Health Organisation has classified Omicron as a “variant of concern".
In only a few short days, events have escalated remarkably quickly and cases have been uncovered in Europe and Asia, with governments globally now going on high alert to protect their populations.
In this episode, Conrad Tan, Investment Strategist at Bank of Singapore, gives us an urgent update about the Omicron variant and how it might impact markets over the next few days.
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