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‘Santa Claus’ stocks rally? Investors look to Omicron for direction

‘Santa Claus’ stocks rally? Investors look to Omicron for direction

© Reuters. FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/File Photo By David Randall NEW YORK (Reuters) -Investors are closely watching the latest news on the rapidly spreading Omicron variant https://www.reuters.com/business/healthcare-pharmaceuticals/how-worried-should-we-be-about-omicron-variant-2021-12-14 for signs of how much…

Waller: Rate hikes likely warranted at March meeting, balance sheet drawdown should follow on fast

Waller: Rate hikes likely warranted at March meeting, balance sheet drawdown should follow on fast

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo By Howard Schneider WASHINGTON (Reuters) -An interest rate increase will likely be warranted “shortly after” the Federal Reserve ends its bond purchases in March, and the central bank should also begin reducing its bondholdings as…

China securities regulator says govt policies have no “necessary connection” with overseas IPOs

China securities regulator says govt policies have no “necessary connection” with overseas IPOs

2/2 © Reuters. People walk past the China Securities Regulatory Commission (CSRC) sign at its building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang 2/2 BEIJING (Reuters) -China’s securities regulator said on Sunday that Beijing’s recent policy moves were not aimed at specific industries or private firms, and were not necessarily…

Omicron variant likely to usher growth downgrades

Omicron variant likely to usher growth downgrades

© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks during a closing news conference for the International Monetary Finance Committee (IMFC), during the IMF and World Bank’s 2019 Annual Meetings of finance mi NEW YORK (Reuters) – Recent global economic growth projections from the International Monetary Fund are likely be…