Zero Hedge - "In this historic, for global markets, year we are
fast running out of things "the market has never done before."
For today's entry we go to Deutsche Bank's Jim Reid who looks at
the S&P's performance in the month of October, and writes that
the broad index, which ended the supposedly most volatile month of
the year 2.33% higher (with the lowest October realized vol on
record) finished with a positive total return, meaning that the
index has now seen a positive t
otal return for all
10 months so far this year, the first time that this has happened
in the 90 years Deutsche Bank has data for. It's not just 2017,
however, because as Reid notes, "if you go beyond the calendar year
end, October now marks the 12th positive month in succession which
equals the record set in 1949-1950 and 1935-1936." In other words,
the S&P has not had a single month of negative total returns
since Trump was elected almost exactly one year ago."
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ZH - S&P Total returns
Posted by sbaxman111 on 1st of Nov 2017 at 11:34 am
Zero Hedge - "In this historic, for global markets, year we are fast running out of things "the market has never done before."
For today's entry we go to Deutsche Bank's Jim Reid who looks at the S&P's performance in the month of October, and writes that the broad index, which ended the supposedly most volatile month of the year 2.33% higher (with the lowest October realized vol on record) finished with a positive total return, meaning that the index has now seen a positive t otal return for all 10 months so far this year, the first time that this has happened in the 90 years Deutsche Bank has data for. It's not just 2017, however, because as Reid notes, "if you go beyond the calendar year end, October now marks the 12th positive month in succession which equals the record set in 1949-1950 and 1935-1936." In other words, the S&P has not had a single month of negative total returns since Trump was elected almost exactly one year ago."