Hi ,

Check out this curated list of Sweat Your Assets monthly content for October 2023. 

Since September, I have been working to publish content in both English and French using WPML services. Let me know if it makes a difference to you  :-)

MARKET BAROMETER

An eye view of Stock Market Indicators, as of October 31, 2023:

[This month | previous month | previous two months | % changes over five years].  

• VIX (volatility index) - the fear gauge: 19.64 | 17.28 |13.92 | +0.67% (Fear perception is rapidly growing).
• S&P 500: 4,168 | 4,288 | 4,514.87 | + 53.07% (Still relatively high, but in negative trends for the last months).
• S&P 500 P/E Ratio: 23.83| 24.48 | 25.45. (Historically, the median value is 17.86, with a typical range between 19.33 and 27.91). 
• BND - Vanguard Total Bond Market Index Fund: USD 68.68| 69.78 | 71.63 |  -11.37% (The bond market suffered from high interest rates).
• VNQ - Vanguard REITS - Real Estate: USD 71.86 | 75.66 | 82.99 |  -7.92% Negative trend. 
• GLD - SPDR Gold Shares: USD 186 | 171.45 | 180.32 | +59.52% Growing trends, connected to fear.

October's investment market is clearly on a negative trend. It does not come as a surprise: too much is happening, from slowing economies, wars, inflation, and high interest rates. While I remain invested, I cautiously increase cash and cash alternative reserves - including gold certificates - for future deals. 

SWEAT YOUR ASSETS QUOTES

• Higher standard. The only thing that changes our lives long-term is when we raise our standards. Tony Robbins
• Be a free thinker. Don't take refuge in the false security of consensus. Christopher Hitchens 
• Gold. Gold is money. Everything else is Credit. J.P. Morgan (1912) 

SWEAT YOUR ASSETS PODCASTS

Check out my latest Podcast Episodes. 

Until Next Month...Keep it Real and Sweat Your Assets.

Alessandro BARONI

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