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IFLY - Stocks And Oil Rebound While Copper Remains Near The Low
Wedbush ETFMG Global Cloud Technology ETF ETF Managers Group LLC
When optimism turned to pessimism over the prospects for a trade agreement between the US and China in May, the prices of stocks and crude oil declined. The risk-off environment following President Trump's announcement on May 10 and China's retaliatory measures on May 13 began to look a lot like the action in equities and the crude oil market in early October. However, the declines in late 2018 were on the back of fears over rising interest rates, while the mid-May selling came from concerns that an escalation of the trade dispute would weigh in