Last Friday, concerns over a new COVID-19 variant drove widespread de-risking across global financial markets. The World Health Organization (WHO) warned that a new variant discovered in South Africa has been reported on several continents. WHO named the new variant “Omicron,” and has labeled it a “variant of concern,” the most serious category the organization uses for such tracking.
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Commentaries are published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.
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