Russell 2000 Down Over 10% Since November High, S&P Off 3.5%

Here are the key levels in the S&P to watch this week.

Our View

I think this could be another volatile week for the markets as investors continue to focus on the new Covid-19 variant and the Fed dialing back on its bond-buying program. That’s after Jerome Powell told Congress last week that it was considering speeding up the tapering of its $120 billion a month bond buying scheme. 

There are also some big eco…