‘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