European markets set to slide as omicron threat intensifies

Netherlands entered full lockdown on Sunday until mid-January

, and the possibility of tighter restrictions being imposed over the Christmas holidays and into the new year looms over a number of European countries amid an unprecedented surge in Covid-19 cases. From Monday, only German citizens, residents and transit passengers will be allowed to enter Germany from the U.K., with all inbound travelers required to quarantine for 14 days irrespective of vaccination status. Travel restrictions were also imposed for arrivals from Denmark, Norway and France.

Bye bye 401k's

It’s not omicron that is spooking there markets. It’s that the market knows idiots in charge will overreact to Omnicron

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Nikkei falls 2% as Asian markets retreat on concern about omicron, tighter Fed policyAsian stock markets followed Wall Street lower on Monday amid concern about the coronavirus's latest variant and tighter Federal Reserve policy. Real talk: Best thing you can do now is become a whistleblower, staying and going down with the ship is a career ender... no one puts Bernie Madoff on their resume. Get out while you can!
Source: MarketWatch - 🏆 3. / 97 Read more »