Let's hope on Omicron. The market has already rebounded back to above where it was when we first learned of Omicron...so there's zero negative impact priced in. Seems like at a minimum some people will shy away from indoor dining, shopping, gatherings etc over the next few weeks.
More positive news on the Covid front may not be great news for the market. As that gives the Fed plenty of cover to get more aggressive in their battle with inflation. And take away that punch bowl even sooner.