Omicron Effects, But Market Seen Variants Before, Right?

The ultimate path of the virus is to trend towards being less severe with more undetectable spread. However, the market did not react as if that were the case. The market reacted as if this means we're headed back to a March 2020 situation. However, this does not seem to be the destination. The vaccines are likely to be effective against this variant, as they were for Delta before it. It also appears this variant may be less severe. With each covid wave and variant, we've seen less and less of an impact on the economy. We have to stick to these fundamental facts and invest accordingly. We'll see what happens as we get more complete Omicron data.