Welcome to Shocktober for Stocks. Here’s Why Investors Are Spooked.

Welcome to Shocktober for Stocks. Here’s Why Investors Are Spooked. · Barrons.com

In This Article:

After a bumpy start last month, stocks surged to near-record highs thanks to the Federal Reserve’s big rate cut and stimulus from China. Now it’s October, which is often a strong month for stocks and also one known for volatility and occasional market crashes. Think 1929, 1987, and 2008. Fed chair Jerome Powell seemed to suggest in remarks Monday that a more gradual approach to rate cuts is in the cards.