Global Equities rallied 6.03% in October following September’s worst monthly showing since the Coronavirus pandemic shook global markets in March 2020. Still, the MSCI All-Country World Index remains in bear market territory and is down 21.14% on the year – marking its third-worst 10-month start to a year since the 2008 financial crisis and the 2001 dot-com collapse. In the U.S., equity indexes finished higher following a GDP report that came in above expectations growing 2.6% in the third quarter.
Global Market Commentary October 2022
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