FOX Business contributor and chief economics correspondent for The Wall Street Journal Jon Hilsenrath argues bond markets don’t show warning signs of inflation.

A growing chorus of Wall Street strategists is warning the U.S. stock market is ripe for a pullback as the COVID-19 delta variant spreads across the globe amid the most difficult two-month stretch for investors. 

The S&P 500 has rallied 96% since bottoming on March 23, 2020, booking 61 record highs along the way. The benchmark index has throughout the rally avoided a correction, or decline of at least 10%, which happens an average of once a year. 

Ticker Security Last Change Change % SP500 S&P 500 4395.26 -23.89 -0.54%

Strategists are growing more concerned that the elusive pullback is

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