JPMorgan Says Omicron Won’t Stop the Global Equities Rally

(Bloomberg) — Omicron won’t derail the rally for global stocks, according to JPMorgan Chase & Co. strategists, adding another voice to the tone of cautious optimism in the market after the recent sharp pullback.Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Pension Poachers’ Are Targeting America’s Elderly VeteransReliving the New York Subway Map Debate“Sporadic setbacks,” such as the emergence of omicron should be viewed “in the context of higher nat
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Tale of Two Economies Will Determine Post-Lockdown Growth

(Bloomberg) — The restart of the world economy risks going ahead without a key ingredient: the consumer.Getting companies to resume operations and factories to reopen is one thing. Persuading consumers to brave catching the coronavirus and go out to shop, eat, travel or watch sports is another.“Nothing
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Welcome to the Great Emerging-Market Schism: A Virus-Made Split

(Bloomberg) — A two-track world is starting to establish itself in emerging markets.Not only are stocks, bonds and currencies of developing economies reacting to the Covid-19 pandemic in very different ways, but the fallout is quickly creating two distinct camps of winners and losers.The growing dichotomy
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Charting the Global Economy: A Bad Week for Growth

(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes.A manufacturing meltdown is cascading through the broader economies of Europe and America, the U.S. job market is coming off the boil and tariffs continue to exact
— Read on ca.finance.yahoo.com/news/charting-global-economy-bad-week-184814459.html