Stocks Rebound After Biden Says No Lockdowns Needed For Omicron

Topline The stock market finished higher on Monday—rebounding from its biggest selloff of the year on Friday—as investors reassessed the Covid omicron variant’s potential impact on markets following optimistic comments from President Joe Biden. Stocks rebounded on Monday, gaining back some of the massive losses from Friday’s omicron … [+] variant-induced selloff. zz/NDZ/STAR MAX/IPx Key…

Federal Reserve Can’t Keep Markets Afloat Without Interruption, Billionaire Howard Marks Says

Topline The idea that the Federal Reserve can continue to boost the U.S. economic recovery and stock market rally without interruption is “too good to be true,” especially amid “well-founded” fears about rising inflation, billionaire investor Howard Marks said in a new investor letter on Tuesday. The famed investor discussed inflation and central bank policy…