Mornin' – This may be incidental/unrelated, but:
‘Red October’ was an historic month for shell-shocked investors — on all kinds of levels
The typical 60/40 portfolio lost 5.3%, the worst monthly return since 2009
Author of the article:Jamie McGeever, Reuters
Publishing date:Nov 05, 2018 • November 5, 2018 • 3 minute read
A trader works on the floor of the New York Stock Exchange, Friday, Oct. 26. PHOTO BY AP PHOTO/RICHARD DREW
LONDON — October was a bruising month for investors, caught on the wrong side of violent price swings across a wide range of markets. By many measures of position shifts, trading volume and fund performance, it was a historic month.
The question now is whether the shakeout has cleared the decks for investors to load up again on the bets they had been making – such as long stocks and short bonds – or whether the damage done is so severe that capital preservation for the remainder of the year is now paramount.
https://financialpost.com/investing/column-red-october-a-historic-month-for-shell-shocked-investors-mcgeever