The Long (Bond) Goodbye

Keith Schneider | October 6, 2018

Global equities got smoked this week except for Brazil which jumped on news that a right-wing populist will most likely be the next president. The NASDAQ100 dropped -2.89% and the IWM swooned -3.79%.  October is generally a decent month regarding historical returns for stocks, although occasionally October is famous for some exceptions named after a bird. The catalyst for the selloff in stocks was US treasuries which broke down under long term support.  The Fed

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