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9M Investments' alternative/private investment holdings had another month of positive performance in October. An average out performance of the public markets by 20 percent.
Monday Returns: A bit of a down week overall in the markets. But that my in itself be a show of strength. After a few weeks of positive markets, we didn't immediately give it all back. And there seems plenty of reasons for investors to be scared.
Friday Flows: Investors were definitely in a risk on mood this past week. The returns didn't really match up with their aggressiveness. I think this where investors were chasing a bit, hoping not to miss another big pop up in the markets.
Monday Returns: What a crazy week in the investment world. Biggest day in the market in a very long time was last Thursday. With the NASDQ up over 7%. And then FTX blowing up has put the CRY in crypto into action.
Friday Flows: What a week. Crypto is blowing up, equities seemed to have all the headwinds, and then a slightly better inflation number came in and investors went nuts.
Monday Returns: It was an ugly week on the return front. The FED didn't help investors when they signaled that rate hikes are not done. Pushing markets down again on the week.
Friday Flows: Investors were back to buying the dip for a couple of weeks, but that didn't happen this week. ETF investment flows were still equity heavy, but with a much greater mix of bond ETFs.
Friday Flows: I thought that last week was the RISK ON week. Investors were like hold my beer. And responded with a huge week flowing into equities.