The Financial Forecast Center™
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One explanation for the recent weakness in the stock markets is Asia, specifically China and the China-complex. According to this analysis, one of the causes of the U.S. stock markets (and most others) is Asia, coming through Singapore and Hong Kong.
Another finding of the previously mentioned analysis is all major stock markets around the world are interconnected. With Singapore and Hong Kong at the top, when they go, they all go.
It would be prudent to keep a close eye on the Singapore Straits Times and the Hang Seng.
|As of November 16, 2018|
|30 Yr Treasury||3.33||3.43||3.49|
|EUR to USD||1.142||1.145||1.157|
|GBP to USD||1.283||1.293||1.316|
|CAD to USD||1.315||1.311||1.300|
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S&P 500 Forecast
|November 16, 2018|
|U.S. GDP Growth, %||3.04|
|U.S. Inflation Rate, %||2.52|
|Gold Price, $/oz t||1222.40|
|Crude Oil Futures, $/bbl||56.80|
|U.S. 10 Year Treasury, %||3.08|
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