A Simple Recipe For Volatility

A Simple Recipe For Volatility

"Omicron + taper = volatility," read the title of one note on Wednesday. Weary and wary, markets entered the final month of a banner year for equities pondering a Fed Chair plainly bent on restoring the FOMC's inflation-fighting credentials at a time when uncertainty around a new COVID strain poses a significant threat to growth. It's still premature to speculate about the extent to which Omicron will imperil the global recovery, but what we can say is that a more transmissible variant is part
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