October Selloff Leaves Few Places to Hide

(Bloomberg Opinion) — That October proved tough for stocks won’t come as a surprise to seasoned investors who still remember some quite challenging months in the past. What is notable this time around, however, is that investments meant to mitigate risks and offset some of the declines from equities also lost money. Understanding why illustrates some of the difficult challenges facing investors in a market greatly distorted by prolonged central bank intervention, and now dealing with weakening economic fundamentals and delayed fiscal policy support.Let us start with the numbers. For a second consecutive month, the S&P 500 Index declined, dropping …read more

Source:: Yahoo Finance

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