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A Pullback May Have Started, Tariffs in Focus, Watching Financials Valuations

EPISODE · Nov 18, 2024 · 6 MIN

A Pullback May Have Started, Tariffs in Focus, Watching Financials Valuations

from RBC's Markets in Motion

Three big things you need to know: First, over the past week we’ve become increasingly convinced that a 5-10% pullback in the S&P 500 may have already started. Second, post-election company commentary has been heavily weighted to tariffs, a part of the Trump agenda that has concerned many equity investors. Third, other things that jump out from our high frequency indicators include Financials valuations that remain slightly attractive vs. the broader market.

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A Pullback May Have Started, Tariffs in Focus, Watching Financials Valuations

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