Published on 3 Dec 2021 on Zacks via Yahoo Finance

Will Omicron Stop the Market In Its Tracks?

Investors are understandably rattled by the new strain of the coronavirus that has landed on U.S. soil, especially considering the fact that this mutation is way more contagious than Delta, the most contagious so far.

While it’s too soon to say what the next couple of months hold for us, whether this develops into a full-blown third wave with travel restrictions, lockdowns and the works, or there’s minimal impact on our lives and the economy, initial reports from South Africa and other places indicate that a fully vaccinated person notices only mild symptoms with Omicron.

The next couple of weeks will tell us much more about the virus and its health impact, but in the meantime, it makes sense to take a look at what the numbers say about manufacturing, jobs, consumer confidence and so on.