How The Covid-19 Delta Variant Impacts Markets

Markets were crushed Monday, July 19, as rising cases of the Delta variant of COVID-19 are on the rise and spooking investors. While many fear reversals of economic reopening measures occurring, Ahmed Riesgo doesn't expect U.S. governments will resort to 2020's "draconian lockdowns," citing a lack of material increases in hospitalizations and deaths where the variant has surfaced. Based on this earnings season so far, Riesgo says he also sees that optimism surrounding companies' operations. He dives into airlines' performance, his market outlook and more here.