Global stocks regained footing in October with the S&P 500 rallying +8.4% and the All-Country World Index ex-U.S. (ACWI ex-U.S.) adding 7.4%, their largest monthly gains in four years. Much of the gain can be attributed to the overreaction to market sell-offs in August, coupled with central banks reaffirming enhanced stimulus efforts to bolster global markets.
Hot Topics - Global Macroeconomic Trends & the Impact on Equities & Bonds
Hot Topics with Julia Zhu, Senior Vice President & Portfolio Management Team Member
The global macroeconomic expert provides insight to international growth concerns and the impact on equity and fixed income securities.
Equities Rebound in October
Global stocks regained footing in October with the S&P 500 rallying +8.4% and the All-Country World Index ex-U.S. (ACWI ex-U.S.) adding 7.4%, their largest monthly gains in four years. Much of the gain can be attributed to the overreaction to market sell-offs in August, coupled with central banks reaffirming enhanced stimulus efforts to bolster global markets.