What's Trending Now? November 5, 2018

What's Trending Now? November 5, 2018

Factors negatively impacting future earnings and economic growth begin to shift markets in a new direction. Our trend observations as of November 5, 2018.

By Justin Nuckols
Category: Economics & Markets

S&P 500: As the market erased 2018’s gains in the most recent sell-off, companies signaled rising rates and tariffs are creating cost pressures.


 

10-Year U.S. Treasury Notes: Treasuries remain in a bearish trend, despite occasional global crowding to the highest yielding “risk-free” asset available.


 

U.S. Dollar: A strong dollar persists as the Fed path looks to continue increasing rates.


 

Crude Oil: The bullish momentum seen earlier in 2018 is now being repressed due to weakening demand forecasts from trade disputes and increasing global supplies.


 

Gold: Living up to its reputation as the safe haven asset, the precious metal took a jump higher during the equity sell-off.