New COVID-19 Variant, Omicron, Rattles Markets

In their latest commentary, the Cetera Investment Management Team discusses the new COVID-19 variant, Omicron, and the potential ramifications to the global economy. While there are still so many questions about this new variant, a major concern is the potential for another health crisis. U.S. policy response would be somewhat limited this time. Combining this uncertainty with high market valuations suggests that stock market volatility will likely intensify.

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