CUKPF - Delta Variant And The Market: What To Know
- The Delta variant has caused new COVID cases to surge from just under a 7-day average of 12,000 to over 160,000 during the late summer months.
- Global trade and supply chain disruptions persist, with heightened shipping rates and shortages in shipping containers.
- Corporate impacts from supply chain disruptions, changes in travel and tourism, cost inflations and more have arisen within earnings reports.
- Rates and tapering remain on watch, as inflationary pressures stay high with the Fed potentially starting its tapering this year.
- A handful of defensive, retail and work-from-home stocks are on watch for the remainder of the year.
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Delta Variant And The Market: What To Know