Seeking Shelter In Troubled Times...

October 21, 2023 00:21:45
Seeking Shelter In Troubled Times...
Digital Finance Analytics (DFA) Blog
Seeking Shelter In Troubled Times...

Oct 21 2023 | 00:21:45

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Show Notes

As I have warned, October can be a fickle month on the markets, and is proving to be so again. Growing volatility in U.S. stocks is driving a search for defensive assets, though investors may have fewer places to hide this time around. On Friday, global stock markets, including those in the US and Europe, experienced declines due to rising US treasury yields which reached a 16-year high and the potential escalation of the Israel-Hamas conflict. The pan-European STOXX 600 index lost 1.36% and MSCI’s gauge of stocks across the globe shed 1.10%. Emerging market stocks lost 0.53%. MSCI’s broadest […]

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