Stocks slump as coronavirus jitters fuel rush into bonds

Stocks slumped around the world as investors rushed into haven assets after the Delta coronavirus variant cast a pall over the economic recovery, while tension between the US and China escalated.In a reversal of the reopening trade that has powered this year’s equity rally, cyclical companies bore the brunt of the rout on Monday. Commodity, financial and industrial shares led losses in the S&P 500, which fell the most in two months. The Dow Jones Industrial Average had its biggest decline since…

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Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

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