The Independent Market Observer

print this pagePrint

Monthly Market Risk Update: November 2023 [SlideShare]

Posted by Sam Millette

This entry was posted on Nov 15, 2023 10:27:58 AM

and tagged Monthly Market Risk Updates

Leave a comment

Monthly Market Risk UpdateEquity markets continued to drop in October, with all three major U.S. indices down for the third consecutive month. The S&P 500 lost 2.10 percent during the month, while the Dow Jones Industrial Average was down 1.26 percent in October. The Nasdaq Composite saw the largest declines, with the technology-heavy index dropping 2.76 percent for the month. Rising long-term rates weighed on valuations, leading to negative returns for stocks.

Given the concerns about slowing growth and inflation, we have kept the overall market risk level at yellow for now.

View a breakdown of the risks we’re watching in this SlideShare.

 

Subscribe via Email
Crash-Test Investing

Hot Topics
New Call-to-action

In The News

Guide to Long-Term Investment Strategies
MoneyGeek, 10/11/24

Bloomberg Intelligence, Israel Talks, China Markets
Bloomberg Intelligence Podcast, 10/8/24

Wall Street Breakfast: Payrolls In Focus
Seeking Alpha, 10/4/24

Q2 2024 Earnings Season Review: Beating Expectations Isn’t Enough
Advisor Perspectives, 9/12/24

2 reasons why markets will face ‘constrained volatility’ ahead [video]
Yahoo! Finance, 9/9/24

More

Conversations

Archives

see all

Subscribe

Disclosure

The information on this website is intended for informational/educational purposes only and should not be construed as investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. Please contact your financial professional for more information specific to your situation.

Certain sections of this commentary contain forward-looking statements that are based on our reasonable expectations, estimates, projections, and assumptions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Past performance is not indicative of future results. Diversification does not assure a profit or protect against loss in declining markets.

The S&P 500 Index is a broad-based measurement of changes in stock market conditions based on the average performance of 500 widely held common stocks. All indices are unmanaged and investors cannot invest directly in an index.

The MSCI EAFE (Europe, Australia, Far East) Index is a free float‐adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the U.S. and Canada. The MSCI EAFE Index consists of 21 developed market country indices.

One basis point (bp) is equal to 1/100th of 1 percent, or 0.01 percent.

The VIX (CBOE Volatility Index) measures the market’s expectation of 30-day volatility across a wide range of S&P 500 options.

The forward price-to-earnings (P/E) ratio divides the current share price of the index by its estimated future earnings.

Third-party links are provided to you as a courtesy. We make no representation as to the completeness or accuracy of information provided on these websites. Information on such sites, including third-party links contained within, should not be construed as an endorsement or adoption by Commonwealth of any kind. You should consult with a financial advisor regarding your specific situation.

Member FINRA, SIPC

Please review our Terms of Use. 

Commonwealth Financial Network®