QVMS - The Market Waits As Scientists Examine The 'Omicron' Strain Of Covid

• New Covid-19 variant from South Africa caused an emergency meeting of WHO that spooked the financial markets on “Black Friday,” putting a damper on the biggest retail sales day of the calendar year.
• The good news is that even though the ETF spread widened for DVY on Friday, trading in the ETF appeared orderly, so I do not think there is any imminent risk of another flash crash.
• Port bottlenecks have improved immensely in Europe, so the costs of renting containers have fallen significantly.
• Despite home sales slowing a bit, 2021 is on track for six million existing home sales, which would be the strongest year since 2006.

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