Delta Variant Impacts Markets, Economies & Support and Resistance Levels 7.29.2021
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Delta Variant Impacts Markets; Dividend Futures and Inflation
Delta Impacts Markets, Economies
- Reflation trade of higher bond yields on rising inflation reversed by Delta variant.
- Some commodity markets, led by lumber, reverse earlier gains as variant spreads.
- If virus variant dampens economic optimism, equities could become less attractive.
- Is the Fed view that rising inflation is transitory gaining traction among investors?
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