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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.journals.uchicago.edu/doi/pdf/1... href=" https://www.rarenewspapers.com/view/659647
1/7">https://www.rarenewspapers.com/view/6596...
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
1/7">https://www.rarenewspapers.com/view/6596...
https://www.rarenewspapers.com/view/6596..." title="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/1... href=" https://www.rarenewspapers.com/view/659647 1/7">https://www.rarenewspapers.com/view/6596..." class="img-responsive" style="max-width:100%;"/>
The panic of 1907 started in October.
http://www.econseminars.com/Financial%20Panics/_Pre-Subprime%20Crises/Panic%20of%201907_Atlanta%20Fed.pdf
2/7">https://www.econseminars.com/Financial...
http://www.econseminars.com/Financial%20Panics/_Pre-Subprime%20Crises/Panic%20of%201907_Atlanta%20Fed.pdf
2/7">https://www.econseminars.com/Financial...
Black Tuesday happened on October 29th, 1929.
http://people.brandeis.edu/~cecchett/Polpdf/Polp05.pdf
3/7">https://people.brandeis.edu/~cecchett...
http://people.brandeis.edu/~cecchett/Polpdf/Polp05.pdf
3/7">https://people.brandeis.edu/~cecchett...
October 19th, 1987, we get Black Monday!
https://www.investopedia.com/terms/s/stock-market-crash-1987.asp
4/7">https://www.investopedia.com/terms/s/s...
https://www.investopedia.com/terms/s/stock-market-crash-1987.asp
4/7">https://www.investopedia.com/terms/s/s...
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">https://money.cnn.com/2008/09/2...
https://money.cnn.com/2008/09/29/markets/markets_newyork/
5/7">https://money.cnn.com/2008/09/2...
Even last year, in September the overnight repo markets went nuts.
6/7 https://www.federalreserve.gov/econres/notes/feds-notes/what-happened-in-money-markets-in-september-2019-20200227.htm">https://www.federalreserve.gov/econres/n...
6/7 https://www.federalreserve.gov/econres/notes/feds-notes/what-happened-in-money-markets-in-september-2019-20200227.htm">https://www.federalreserve.gov/econres/n...
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
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
