Kieger Healthcare Monthly Commentary
What had been an okay-month for global equities ended with the Black Friday sell-off. The new Omicron variant roiled global markets and overshadowed the usual focus on retail spending. Typical “pandemic-winners” regained traction, while everything else fell out of favour. The dip also served as a crystal-clear reminder that the market’s trajectory hinges on the course of COVID-19. The MSCI World index ended November down -2.2%.