Image: 123RF/ ICU LIG

Omicron, inflation, China’s debt-fuelled property house of cards — investors seemingly fear none of these as markets are staging a nice little Santa Claus rally into year-end.

The JSE reached a record high on Tuesday, tracking the rally in global markets as concerns about the Omicron variant of Covid-19 eased. The JSE all share gained more than 2% — the most since March — as early indications suggest that the latest strain of the virus isn’t as severe as initially feared.

Michael Avery talks to Chris Holdsworth, chief investment strategist at Investec Wealth and Investment.

Michael Avery talks to Chris Holdsworth, chief investment strategist at Investec Wealth and Investment.

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