Stocks on track for worst start to a quarter since 2008 financial crisis as recession fears accelerate

MarketWatch/Mark DeCambre/10-2-2019

“Already considered an unusually volatile period for the stock market, which has logged historically ugly October declines in 1929, 1987 and 2008, worries about geopolitics and growing signs of domestic and international economic weakness have fueled bearish bets and sent stock-market optimists, at least momentarily, scurrying for cover in assets perceived as safe.”

USAGOLD note:  For the stock market, October can be the cruellest month. The Dow Jones Industrial Average dropped over 900 points in the first two days of the month.


Repost from 10-2-2019

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