The First Case of Omicron Reported in America
Panic seems to be rising as the first case of the Omicron variant has been reported in the United States in the state of California. Scientists still don’t know all of the specifics of this variant, but it does have the most mutations out of all the variants before it. This one could be more deadly, but it also might not be. We are still weeks away from having all the answers.
Stocks have dropped since the announcement of Omicron in America, especially travel stocks. Investors are worried about lockdowns and travel bans, but Biden has already stated that there will not be another lockdown. In the wake of such drops and jumps, will we see healthcare stocks increase? Will investors want to fund the health of our nation and the research behind it? It is important to make informed decisions about your investments, but jumping the gun before you have the information is a most unwise choice.