The impending announcement of a Federal Reserve tapering could be just months ahead and investors are continuing to evaluate just how soon that could be as well as the implications of the spread of the delta variant and China’s crackdown.
With global stocks up about 90% since the pandemic rockbottom in March 2020, the question on everyone’s mind is “How much further can they climb?” If Wednesday’s inflation numbers are an indicator, the Fed might take a slower path toward normalization. But on the other hand, voices like Kansas City Fed President Esther George say the central bank needs to move ahead with reducing monetary stimulus.
Tune in to hear what's moving Thursday's market and where to trade to end up in green.
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