CJ Update – July 23, 2021
A Whipsaw Week for Traders Last week’s shallow decline of the major averages culminated in a dramatic selloff of the broad market this past Monday. It was prompted by news of the accelerating spread of the Delta Variant just as the reopening was gaining momentum. That day also brought a steep decline in the 10-year bond yield that had some heads exploding on CNBC as experts pondered whether we were seeing the start of a correction, or worse, and a…