Daily Market Commentary

July 21, 2021

Bonds & Stocks
Stocks rose as a slew of corporate earnings took the focus off concerns about the economic impact of coronavirus flareups. Treasuries yields are up.

Japan and South Korea continued to rack up solid export gains in a sign that the impact of virus variants has yet to have a major impact on global demand even as the recovery in world trade inches closer to its peak.

Group of 20 nations plan to finalize the details of a landmark global minimum tax and a rewrite of international tax rules at a summit in late October.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

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