"Carnage" is the only right word for September market performance
Søren Otto Simonsen
Senior Investment Editor
Summary: "Wake me up when September ends," is not only a megahit by the American rock band Green Day, but probably also a trading strategy that many investors would have liked to adopt in 2022. Sleeping the month away would have shielded you from what can only be viewed as a bloodbath - unless you've invested in the US Dollar.
Global equities are measured using the MSCI World Index. Equity regions are measured using the S&P 500 (US) and the MSCI indices Europe, AC Asia Pacific and EM respectively. Equity sectors are measured using the MSCI World/[Sector] indices, e.g. MSCI World/Energy. Bonds are measured using the the USD hedged Bloomberg Aggregate Total Return indices for total, sovereign and corporate respectively. Global Commodities are measured using the Bloomberg Commodity Index. Oil is measured using the next consecutive month’s WTI Crude oil futures contract (Generic 1st 'CL' Future). Gold is measured using the Gold spot dollar price per Ounce. The US Dollar currency spot is measured using the Dollar Index Spot, measuring it against a weighted basket of the following currencies: EUR, JPY, GBP, CAD, SEK and CHF. Unless otherwise specified, figures are in local currencies.
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