‼️MARKETS JUST ENTERED THE MOST VOLATILE PERIOD OF THE YEAR‼️
In October, equity markets volatility is ~34% above average for the other 11 months of the year. October is also the worst period for the S&P 500 during election years as uncertainty spikes... Sourcre: Bloomberg, Global Markets Investor
WHAT IS HAPPENING IN GERMANY ???
Most economic data in the world's third-largest economy has come below average economists' expectations over the last 2 years. Germany is also on track for 2nd straight year of SHRINKING GDP, for the 1st time since 2003. Chart: @AugurInfinity thru Global Markets Investor
RED CAC...
France’s CAC 40 index is back in the red for the year after President Emmanuel Macron backed a temporary tax on the country's largest companies. Source: Bloomberg, HolgerZ
Gold continues to shine, trading at all time highs and up 34% since February.
To BAML, gold is frontrunning rate cuts. Or is it something else?
A hard start of the month for bitcoin
Uptober vs. Uptover Source: Trend Spider
Global Equity Returns this year...
Source: Charlie Bilello
The cycle composite for S&P 500
The trend is more important than the level Source: J-C Parets
#juststart
Source: Mindessentials
