The recent omicron variant fears saw risk assets fall lower into the end of last week. The FTSE 100 took a sharp fall with around a -2.5% drop.
However, there are still a lot of unknowns surrounding the new variant and this could end up being a dip that is quickly bought. If it is check out once again this strong seasonal pattern in December for the FTSE 100
Over the last 15 years, between Dec 01 and Dec 31, the FTSE 100 has risen 12 times out of 15. The average return has been 2.30%. The largest gain was in 2008 with an impressive +9.07% return and the largest loss was in 2018 with -4.73%.
Major Trade Risks: Any bad news on the new Omicron variant from South Africa could change this outlook.
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