October’s Carnage at-a-glance…
- Nasdaq 100 worst month since Oct 2008
- S&P worst month since Feb 2009 (lowest monthly close since April)
- FANG stocks crashed 21% in October – the biggest monthly drop on record
- Semis plunged almost 15%, the biggest monthly drop since Nov 2008
- “Most Shorted” stocks down 13.8% in October – worst month since Jan 2016 (or best for shorts)
- S&P Financials dropped over 7% in October – worst month since Jan 2016
- GSIBs (Global Systemically Important Banks) dropped over 10% in October, worst month since June 2016 (Brexit)
- China worst month since Jan 2016
- European stocks worst month since Jan 2016
- Hedge Funds were hammered as Goldman’s VIP Basket plummeted 11.5% in October – its biggest drop ever.
- Stocks and Bonds both fell on the month (first time since Feb 2018)
- This is the worst October for Junk bonds since 2008 (HYG saw record volume in October)
- USD’s biggest monthly gain since Nov 2016 (Trump election)
- USD and Gold both rallied for first month since Feb 2017
- Gold’s biggest monthly gain against Yuan since June 2016
- Oil’s worst month since July 2016
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http://www.zerohedge.com/news/2018-10-31/shocktober-over-global-stocks-lose-8-trillion-most-lehman