U.S. stocks dropped sharply on Friday as a new Covid variant found in South Africa triggered a global shift away from risk assets. Wayne Kaufman, Chief Market Analyst at Phoenix Financial Services, discusses this, as well as how oil is bouncing back from Friday’s drop as some investors speculate that the Omicron slump is overdone. He also talks about how the Omicron CCOvid-19 variant could impact global energy demand. Tune in to find out more.
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