That’s led to increased worries that stocks may soon experience a so-called correction, defines as a 10% pullback from recent highs. Stocks haven’t gone through one since the Covid lockdowns in March 2020, which created a brief bear market and led to a more than 20% slide from a prior peak.
US stocks were flat Wednesday.
Earnings growth slowing. That may not bode well for stocks
Few are predicting that the Delta variant will send the US economy grinding to a screeching halt however. That’s largely due to the fact that millions of Americans are vaccinated and businesses may be reluctant to shut their doors again.
As a result, investors may not be able to bank…