Markets have declined today as negative sentiment over slowing economy and the prospect of reduced central bank stimulus continues to flare.
The S&Ps are seeing their longest run of losses since July while the treasuries 10 year yield shed 1 basis point.
The ongoing spread of the delta variant is taking its toll on the US economy as well as global supply chains as it depresses growth and boosts inflation. These factors are causing central banks to have to pull backs on their recovery support and begin policy tightening and that’s exactly what’s already begun in many countries.
Tune in to hear what's moving Thursday's market and where to trade to end up in green.
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