October is a tough month for Credit markets.

The panic of 1873 (or long depression) saw its worst shock in September/October 1873.

https://www.journals.uchicago.edu/doi/pdf/10.1086/257012

https://www.rarenewspapers.com/view/659647 

1/7
Black Tuesday happened on October 29th, 1929.

http://people.brandeis.edu/~cecchett/Polpdf/Polp05.pdf

3/7
October 19th, 1987, we get Black Monday!

https://www.investopedia.com/terms/s/stock-market-crash-1987.asp

4/7
September 29th, 2008 the crash that started the Great financial Recession hits with a furry.

https://money.cnn.com/2008/09/29/markets/markets_newyork/

5/7
Just be safe everyone. Buckle up.

Hard work, innovation, and ingenuity will be what gets us through the next stretch.

There is no government/central bank fix for these October corrections.

None.

7/7
You can follow @NathanDallon.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: