• Month: December 2021

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13 December

A Wealth of Data, and A Bit of Worry

By in Market Update

Typically, the day after Thanksgiving is one of the quietest trading days of the year.[1] But this year Black Friday turned into “Bleak Friday” after the World Health Organization raised the alarm about the Omicron variant of COVID-19, first identified earlier in the month in South Africa. Equity markets dropped, reversing earlier gains, and only the Nasdaq ended the month in positive territory.

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