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Omicron is the latest risk for private banks as 2022 concerns mount

iStock photo by Getty Images

Suddenly, investment strategists are tearing up the playbook for 2022 after the emergence of a concerning new variant of COVID-19. Post-pandemic re-openings, reflation trades, the resumption of overseas travel and normal life — all of that is now on pause. Yet most breathtaking about Omicron is how quickly market players have gone in high alert, with global equities selling off…

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