‘Santa rally’ won’t rekindle due to omicron risks and profit-taking, PNC Financial’s CIO predicts

Covid omicron fears will take a heavy toll on risk appetites over the next two weeks, according to Chief Investment Officer Amanda Agati. “We’ve already gotten the Santa rally,” she told CNBC’s “Trading Nation” on Monday. “We’re seeing a little bit of investor fatigue here.” The major indexes kicked off the week in the red. The S&P … Read more

Fed’s Brainard cites promise, risks of ‘fintech’

Getty Images New technology that can speed the processing of loans or evaluate credit using only an internet search could revolutionize the financial sector, Fed Governor Lael Brainard said on Friday. But those innovations must protect consumers and the financial system, and not let practices like redlining take root in the developing “fintech” industry, she … Read more

The Fed is partying like it is 1998—and elevating risks: Citi strategistThe Fed is partying like it is 1998—and elevating risks: Citi strategist

The Federal Reserve’s dovish stance on interest costs is increasing the dangers of economic fallout from acharge hike in the future, Steven Wieting, Citi non-public financial institution‘s leader global investmentstrategist, stated Wednesday. Fed policymakers indicated in March they would increase costs fewer times than they formerly deliberate,citing financial conditions in overseas markets among other things. … Read more

Yoga: downward dog increases eye pressure, risks for glaucoma patients

yoga is an ancient Indian practice that seeks to harmonize the body with the mind and breath through breathing techniques and physical postures. Though it has become a popular form of exercise in the Western world, a new study provides a point of caution, as its findings suggest certain poses increase eye pressure and present … Read more