VIX surges, U.S. trade deficit widens, U.S. dollar gains – 3 market trends to watch

In addition to the immense sell-off of the last couple of trading sessions, there are other key market trends to watch for on Tuesday.

Let’s take a look at them:

First, the CBOE Volatility Index, also known as the VIX, has surged above 50 for the first time since the economic collapse nearly a decade ago.

Second, the United States trade deficit, a thorn in the side of President Donald Trump, stood at $566.0 billion in 2017, up $61.2 billion from $504.8 billion in the previous year. This is the widest it has been in nine years.

Third, the U.S. Dollar Index has climbed back above 90.0, rising as much as 0.40% on Tuesday. The greenback has erased its losses stemming from Treasury Secretary Steven Mnuchin’s hints that the Trump administration would depress the Federal Reserve Note.

Suffice to say, it has been a bad few days for President Trump. The market crashes, the trade deficit widens, and the U.S. dollar regains its value. What else could go wrong for Trump?

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