'Uptober' For Stocks & Bonds As Rate-Cut Odds Tumble But Bitcoin Breaks Six-Year Win-Streak

A month of meager macro data (govt shutdown leaving only housing data and soft survey data to read the tea-leaves), major micro data (Mag7 dominating the last week with mixed results), and masses of geopolitical headlines (from Israel-Hamas and Russia-Ukraine kinetic wars and US-China trade wars driving oil prices and volatility) left stocks up, bonds up, gold up, dollar up, but crude & crypto down.

Goldman's geopolitical risk basket ended the month marginally lower, drifting worse this week (but the chart below shows the rapid shifts seen during the month)...