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.
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.
In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.