October 2023 Monthly Market Review

Equities fell for the third straight month in October, giving back nearly half of their gains for the year. The prospect of higher for longer interest rate policies and elevated geopolitical uncertainty as a result of the Israel-Hamas conflict weighed on markets. In October, US equities fell into correction (a drop of 10% from its peak in the summer) but still led the pack among global regions.(Read More/View PDF)