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PVG Market In A Minute - November 30, 2021

  • PVG Admin
  • November 30, 2021

We are currently seeing a massive rotation in the stock market into the mega cap technology. On Friday, the market was surprised by a new Covid variant dubbed Omicron, which we still don’t know the effectiveness of the vaccine versus this variant. The stock market fell more than -2% due to this surprise and unknown risk. The news is likely not as bad as the headline, but the market was already concerned about Austria (virtually no global economic significance) locking down and concerns about Europe’s largest economy Germany doing something similar.

Market in a Minute 2021-11-30


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