October ushers in earnings season and market reaction
MONTHLY MARKET COMMENTARY |
Earnings season is well underway. With the vast majority of the largest companies now reported, market reactions have been decidedly split as companies such as Apple and Amazon fell while others fared better.
Fixed income sectors finished lower for the month with the lone exception of hedged international bonds. In all, four central banks around the globe increased target interest rates in the month, including Canada, Chile, Kazakhstan and Uganda.