The week 26.09-30.09

Major U.S. market indexes decreased for the sixth time in the preceding seven weeks, albeit losses weren’t as severe as they had been the previous two weeks. As the Dow fell more than 20% from its level in early January, on Monday it joined the S&P 500 and the NASDAQ in the bear market category. The major U.S. indexes declined for the third consecutive quarter during the late summer decline in the stock market, which continued into September. Both the S&P 500 and the Dow experienced monthly falls of about 7%, which were greater than the losses from the previous month.
The eurozone reported that its key inflation measure increased at an annual 10.0% pace in September, up from 9.1% the previous month, as rising energy prices caused yet another surge in European inflation.
ONE-SIGNAL outperformed it’s benchmark index for another month, closing at 5.95%, leading to a year-to-date performance of 48.32%.

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