Weekly Market Snapshot – November 11, 2019
Created by: Sam Tenney
- Fund Inflows to equity markets for the week of November 1, 2019, were the highest in two years at 7.5 billion inflow. This is due to an optimistic outlook on trade war news with a possible delay on implementing new tariffs. ¹
- As of November 8, 2019, the US treasury yield curve is no longer inverted for all time frames. This could signal a reversal in sentiment towards long-term bonds, or it also could indicate the federal funds interest rate has reach an appropriate level.²
- German industrial production continues to slump year-over-year to new 10-year lows with a 0.6% drop based on September production data which was released on November 8, 2019. ³
Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.
This blog is general communication being provided for informational purposes only. This information is in no way a solicitation or offer to sell securities or investment advisory services. It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy. This does not contain sufficient information to support an investment decision. Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest. Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved. No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice. Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.