A tour guide wearing a face shield speaks to a group outside Bath Abbey in the UK, on July 5. The Delta variant is spreading, even in countries with high vaccination rates like Britain. Photo: Bloomberg
Opinion
Opinion
Macroscope
Why market fears over the Delta variant are probably overblown
- Over the past 18 months, the pandemic has been more of an irritant than a major headwind for markets
- If markets were not unduly concerned when death rates in the developed world were high, Delta outbreaks are unlikely to be the catalyst for a sharp sell-off
A tour guide wearing a face shield speaks to a group outside Bath Abbey in the UK, on July 5. The Delta variant is spreading, even in countries with high vaccination rates like Britain. Photo: Bloomberg
