12-30-2021, 07:05 PM
Will Omicron cause a market dip similar to Feb 2020?
<!-- SC_OFF --><div class="md"><p>I am wondering people's opinions on this. In Canada, cases are rising rapidly and so are ICU hospitalizations. We are reaching numbers unannounced before. The US seems to be following suit, and the UK is already there. I'm sure China is in a similar situation.</p> <p>On the flip side, I know that sometimes the market is irrational and doesn't necessarily adjust based on world events too.</p> <p>What do you think?</p> <p>EDIT: I know this is a question no one knows the answer to. I'm not asking for a direct answer. I'm simply reading the room and seeing how people feel and getting opinions. Your comments about "if I had a crystal ball" or "if I knew I would be a billionaire by now" are just plain unoriginal at this point.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/RememberYo"> /u/RememberYo </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/rs7flu/will_omicron_cause_a_market_dip_similar_to_feb/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/rs7flu/will_omicron_cause_a_market_dip_similar_to_feb/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I am wondering people's opinions on this. In Canada, cases are rising rapidly and so are ICU hospitalizations. We are reaching numbers unannounced before. The US seems to be following suit, and the UK is already there. I'm sure China is in a similar situation.</p> <p>On the flip side, I know that sometimes the market is irrational and doesn't necessarily adjust based on world events too.</p> <p>What do you think?</p> <p>EDIT: I know this is a question no one knows the answer to. I'm not asking for a direct answer. I'm simply reading the room and seeing how people feel and getting opinions. Your comments about "if I had a crystal ball" or "if I knew I would be a billionaire by now" are just plain unoriginal at this point.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/RememberYo"> /u/RememberYo </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/rs7flu/will_omicron_cause_a_market_dip_similar_to_feb/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/rs7flu/will_omicron_cause_a_market_dip_similar_to_feb/">[comments]</a></span>Kind Regards R