Investors are worried about the pessimistic statistics of a number of countries

Analysts are alarmed by the fact that more and more countries are publishing statistics that do not justify the forecasts of experts. All this heightens investor fears that the spread of the new strain of the delta coronavirus will slow the pace of global economic recovery.

Macroeconomic statistics turned out to be weaker than expected for the main part of the last month, but in recent days it has become more pronounced. In particular, consumer confidence in the US dropped significantly two weeks ago, retail sales and the pace of new home construction also fell short of forecasts. The indicators of business activity estimated by the Federal Reserve Banks of the country also did not meet expectations.

The worsening economic performance in the United States came at a time when the US Federal Reserve announced that it may begin to phase out the bond buyback program later this year. As a result, the market's attention shifted from opening economies, strong monetary support measures and strong corporate profits to talk of phasing out stimulus measures, political uncertainty, slowing economic growth and geopolitical tensions around the world.

Outside the United States, the situation is similar. Analysts note the presence of a negative trend in the dynamics of the economic indicators of the G10 countries. And the latest figures for retail sales and industrial production in China also fall short of forecasts.