Europe’s Omicron puzzle

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HSBC Global Research with the note:

  • While most of Europe is still fighting against the Delta wave…
  • …an even larger threat already looms at the doorstep as the Omicron variant has already started to spread…
  • …which increases the uncertainty around the near-term economic and policy outlook

Out of the frying pan and into the fire?

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.