AllMarket Summary
logoArgusSeptember 22, 2021

Market Digest: SPG, BCE

Sector(s)
Communication Services, Real Estate
Summary

Stocks have declined broadly recently, as positive retail sales data and a better-than-expected inflation (CPI) report were unable to offset mounting investor concerns. These concerns include the still-heavy toll from COVID-19, signs of moderating economic growth, and worries on either side that a new tax bill will pass (the GOP) or won't make it through Congress (the Democrats). As well, investors are brooding over the potential implications to the global financial system should Evergrande, a giant Chinese property company, collapse.

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