Exit Mr. Rocktober

Ugly month.

The fourth worst October performance for the S&P500 since 1950.   Could have been much worse if not for the bulls skate save over the past two days.

Rare that stocks down so much yet 10-year yield 8 bps higher.    Something is cooking.

 

Mr. Rocktober_2

 

Mr. Rocktober_1

 

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