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Danilo Masoni gives a glimpse at the future.

Sell first, get answers later. Black Friday’s reaction to Omicron, a fast-spreading viral strain that has been affecting stocks at near their lifetime highs was not surprising.

However, the market is now more open to buying the dip than it was a weekend ago. Markets have a better understanding of the potential risks that come with this “variant concern” according to WHO.

Their ninth largest drop was Friday’s crude oil prices. Gains in Asia’s crude and stock markets surpassed 5% on Friday. This suggests a solid rebound in Europe and America.

South African doctors said Omicron sufferers have “very mild” symptoms, and that investment houses have not shown any signs of affecting their health. Credit Suisse (SIX:) for instance, did not change their portfolio and was slightly overweight with equities.

It is perhaps more remarkable that retail investors poured in over $2B into U.S. stocks Friday. This was the largest ever daily inflow according to Vanda Research Data (NASDAQ:).

Uncertainties are a part of the holiday shopping season.

WHO said that understanding the severity level of the variant will take several weeks to complete. BioNTech is taking up to 2 weeks to determine if the vaccine it made with was effective. Pfizer The (NYSE) must be revised.

Omicron spreads from Australia to the Netherlands, and while governments ban travel and enforce lockdowns on all levels of government, Omicron is still prevalent in Australia. Markets may be willing to gamble that central bankers will become more patient as they move towards normalisation.

Today’s Federal Reserve and European Central Bank speakers are plentiful. Speaking about the risks of recovery, ECB’s Lagarde stated that Sunday was “We now understand our enemy and can take appropriate measures.”

Key developments that should provide more direction to markets on Monday: * ECB speakers: Governor Lagarde, ECB board members AndreaEnria, Isabel Schnabel, Pentti Hakkarainen; ECB Vice PresidentLuis de Guindos * Euro zone consumer sentiment/inflation expectations * German preliminary CPI/HICP * Fed speakers: Chairman Jerome Powell, New York PresidentJohn Williams, Governor Bowman * Emerging markets: Kenya central bank meets; Turkey tradebalance and bank NPL ratios