Shocktober Is Over – Global Stocks Lose $8 Trillion, Most Since Lehman

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