Bernie Sanders Just Broke With His Party Over This Trump Policy
Oh, Look Who Donated to Trump's White House Renovation Project
The Press Trips Over Themselves to Defend a Prosecutor, and Trump's Ballroom Project...
Sotomayor's Death Penalty Dissent Does More Harm Than Good
Democrats Scraping the Bottom of the Barrel for Candidates
President Trump Deploys the Ford Carrier Strike Group to the Caribbean
The Empire Strikes Back: Trump vs Venezuela, Columbia, Antifa, and Illegals
What Charlie Kirk Understood About America’s Lost Youth
Abigail Spanberger, As Governor, You’re Supposed to Make Decisions
While Washington Imports Price Controls, China Imports Our Future
Kentucky Waste Industry Mogul Promises to 'Take Out the Trash' in Washington DC
Pakistani National Sentenced to 40 Years for Smuggling Cruise Missiles, Warhead
Tennessee Attorney General Files Amicus Brief in US Supreme Court Opposing Birthright Citi...
Airline, Pilot Unions Demand That Democrats Reopen the Federal Government
Michigan Families Face SNAP Delays As Federal Shutdown Hits Day 23
OPINION

Delta Variant Fears Hold Back Fed

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
AP Photo/Jacquelyn Martin

The early morning scare faded quickly when investors realized the Fed has been very concerned about the Delta variant, which has increased widely since those FOMC minutes. I just do not see how the Fed can announce tapering until they are sure it is contained. 

Advertisement

There has to be a reassessment of the economy, including global developments, before making a decision that has been put off for years.  They are not in a rush even if some individual members are champing at the bit.

Once again, mega cap stocks prove that when investors are worried, they come flocking and hence technology is leading the way.


The key right now is to be cool. I would like to see the market rally into the close, as confirmation the latest bout of fear has simmered down.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement