Hospitalization risk of omicron around one-third compared to delta – UK study

Read full post at forexlive.com

At this point, the evidence is overwhelming that omicron is much less severe than delta. Pile on vaccinations, booster shots and prior infection and it’s clear the market figured this out quickly.

I’m closely watching for a potential omicron outbreak in China. Officials in Hong Kong today confirmed two cases of local transmission of omicron. Those are the first locally-transmitted covid cases in three months.