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When a peak growth narrative makes an appearance during a heated debate about inflation, you know the going is about to get tough in financial markets and so it transpired this week, with stock markets selling off sharply as investors took fright at the prospect of global growth easing off. The US broad-based benchmark index, the S&P 500, tumbled 2.2% on Monday after investors saw US 10-year Treasury yields bearing down on 1%. They interpreted this as evidence that economic growth is at risk of slowing as Delta-variant infections spread worldwide. In the US, new daily cases topped 20,000 on 6 July and have been rising ever since. Europe is experiencing an upward trend too, as is the UK, notwithstanding the government’s decision to go ahead with so-called Freedom Day on 19 July. While UK citizens are now allowed to act as though life has returned to normal, the US has warned its citizens against travelling to the UK because of the Covid-19 risks and, if they do, to wear masks an

South africaUnited kingdomSouth africanJohann elsArthur kampNouriel roubiniOld mutual investment groupFreedom dayWhile united kingdomMutual investment groupஒன்றுபட்டது கிஂக்டம்ஆர்தர் கம்ப்பழையது பரஸ்பர முதலீடு குழுசுதந்திரம் நாள்போது ஒன்றுபட்டது கிஂக்டம்பரஸ்பர முதலீடு குழு