In their latest commentary, the Cetera Investment Management Team discusses today’s stock market sell-off and drop in bond yields due to rising Delta variant concerns. While the variant is a concern, they feel it is a low risk to the economy and markets. Instead, they feel the bigger risks are what they've been saying all year – peak economic growth, rising inflation and a slowdown in the Chinese economy. All this creates more uncertainty for investors with both bond and stock markets already possibly priced for perfection.
Growing Concerns Around Delta Variant Rattle Markets
July 23, 2021