We are pleased to share our regular monthly overview detailing the performance of key individual assets and broader asset categories. During the month of October, a substantial degree of divergence was observed. This variation was apparent not only between the different asset groups but also internally among their own components.
Several specific developments stand out from the past month. For one, the Nasdaq notably lagged in performance when compared to the Dow and European equities. We also saw a rapid upward climb in the price of oil. Furthermore, assets widely considered to be safe havens experienced mixed outcomes. Even as the values of gold and Bitcoin dropped, government bonds enjoyed a robust upward trend. This strong bond rally coincided with a decrease of 36 bps in US 10-year yields, marking the most significant monthly reduction witnessed since 2023.
#markets #economy #investing #investors #stocks #bonds #gold #bitcoin #oil
Several specific developments stand out from the past month. For one, the Nasdaq notably lagged in performance when compared to the Dow and European equities. We also saw a rapid upward climb in the price of oil. Furthermore, assets widely considered to be safe havens experienced mixed outcomes. Even as the values of gold and Bitcoin dropped, government bonds enjoyed a robust upward trend. This strong bond rally coincided with a decrease of 36 bps in US 10-year yields, marking the most significant monthly reduction witnessed since 2023.
#markets #economy #investing #investors #stocks #bonds #gold #bitcoin #oil
