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It's Official: October Was The Calmest Stock Market Month... Ever

As traders commemorated the 30th anniversary of Black Monday, amid the rising uncertainty of US tax reform, European sedition, MidEast tensions, ongoing Asian sabre-rattling, and global monetary policy hawkishness, US equity markets experienced the quietest month in their history.

Despite historically being the most volatile month of the year...

 

The CBOE Volatility Index recorded the lowest monthly average in its history, according to data compiled by Bloomberg.

 

With China's National Congress over, we wonder if all that complacency is about to change?