Can Stocks Keep Defying Logic? Rising US Dollar, Yields May Challenge Rally

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S&P 500 News

US Dollar Index Futures,Gold Futures,S&P 500 Futures

Stocks Analysis by Michael Kramer covering: S&P 500, US Dollar Index Futures, Gold Futures, S&P 500 Futures. Read Michael Kramer's latest article on Investing.com

So, Trump won the election as expected. Yesterday also marked the completion of the implied volatility reset that began yesterday, with the VIX 1-Day dropping from around 30 to 15 and the

The even more significant move was inflation expectations, which rose by ten basis points, pushing the 10-year breakeven rate to around 2.4%.rising by over 1.5% on the day. Higher rates contribute to a stronger dollar, and at this point, a stronger dollar is likely unfavorable for hard assets.We see two contrasting images of the market: rates and the dollar negatively impact risk assets. However, U.S. stocks managed to avoid this yesterday due to mechanical moves.

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