Most Read on Bloomberg in October: Stocks, ECB Stress Test, CookAudrey Barker
The following list comprises the previous lists of the most-read stories. Lists are based on monthly statistics through Oct. 31.
Oct. 15 (Bloomberg) -- The Standard & Poor’s 500 Index pared its biggest intraday plunge since 2011 as small-cap shares rebounded amid speculation the selloff was overdone. Treasuries trimmed their largest rally in five years.
Oct. 1 (Bloomberg) -- U.S. stocks tumbled, pushing the Russell 2000 Index into a correction, while Treasuries rallied as the Federal Reserve held its course to end bond-buying this month amid growing signs of economic weakness in Europe.
Oct. 9 (Bloomberg) -- The Standard & Poor’s 500 Index wiped out its biggest rally of the year as small-caps tumbled with oil amid concern over Europe’s economy. Gold rose on bets the largest economies will keep interest rates low.
Oct. 13 (Bloomberg) -- The Standard & Poor’s 500 Index capped its worst three-day loss since 2011 as airlines sank on Ebola concerns and energy shares plunged as Brent dropped to the lowest in almost four years. The dollar slid and gold climbed.
Oct. 7 (Bloomberg) -- Stocks tumbled and bonds rallied, sending yields to the lowest since May 2013, as the International Monetary Fund cut its global outlook and German industrial production plunged. Oil slid to a 17-month low.
Oct. 10 (Bloomberg) -- Global stocks extended a selloff, with the Dow Jones Industrial Average erasing gains for the year, as losses among chipmakers spread to the broader market amid concern over economic growth. Treasuries climbed with the dollar.
Oct. 16 (Bloomberg) -- U.S. stocks recovered from an early plunge, led by small-caps, while Treasuries fell as a Federal Reserve official said the central bank should consider delaying the end of stimulus plans. Oil jumped after dropping below $80.
8. 25 Lenders Said Set to Fail European Central Bank’s Health-Check
Oct. 25 (Bloomberg) -- Twenty-five lenders in the European Central Bank’s euro-area bank health check are poised to fail the regulator’s Comprehensive Assessment, according to a draft communique of the final results seen by Bloomberg News.
9. ‘I’m Proud to Be Gay,’ Apple CEO Tim Cook Writes in Businessweek
Oct. 30 (Bloomberg) -- Throughout my professional life, I’ve tried to maintain a basic level of privacy. I come from humble roots, and I don’t seek to draw attention to myself. Apple is already one of the most closely watched companies in the world, and I like keeping the focus on our products and the incredible things our customers achieve with them.
Oct. 21 (Bloomberg) -- Total SA Chief Executive Officer Christophe de Margerie died when his airplane struck a snowplow on a Moscow runway, ending the life of one of the oil industry’s most prominent figures.
Oct. 6 (Bloomberg View) -- Kerrisdale Capital, the self-promotin’-est hedge fund in the land, is out with its big billion-dollar short idea, and it’s Globalstar.
Oct. 22 (Bloomberg View) -- The more I use Uber, the more I am convinced of the transformational power of recent technology innovations, especially when it is intelligently combined with behavioral science and economic principles. Indeed, it is only a matter of time until this potent mix disrupts an increasing number of industries, including certain segments of finance.
Oct. 2 (Bloomberg View) -- Why do people on Wall Street get paid so much? It could be because Wall Streeters have generally high skills. Finance people tend to be good at using computers and working with numbers, but also at networking and forming business relationships. But a new study shows that there really is something special about Wall Street -- when a worker moves from another industry into finance, his or her wages jump by an average of 37 percent. Even secretaries get paid more on Wall Street.
Oct. 20 (Bloomberg View) -- Many investors will remember last week’s market gyrations (and Wednesday’s in particular) as exceptional, exciting, frightening and draining. The wild movements affected both stock prices (including a 600-point swing in the Dow Jones Industrial Average in just a half-hour) as well as U.S. Treasury bonds, which are traditionally more stable and reassuring.
Oct. 15 (Bloomberg View) -- The first half of October and particularly the last five days and today have been brutal for investors who had bought into the notion of the low-volatility “Goldilocks” economy and markets. They have experienced large losses on their highly correlated positions in different asset classes. Indeed, with the exception of government bonds -- a generally unappreciated asset class until recently -- they have found few if any shelters from the storm. And the market choppiness is likely to continue for what many will feel is an uncomfortably long period of time.
1. Draghi Says ECB to Purchase Assets for at Least 2 Years
Oct. 2 (Bloomberg) -- European Central Bank President Mario Draghi speaks at a news conference in Naples, Italy, about plans to purchase covered bonds and asset-backed securities to boost inflation and economic growth in the euro area.
Oct. 31 (Bloomberg) -- Bank of Japan Governor Haruhiko Kuroda speaks about monetary policy, the economy and inflation at a news conference in Tokyo.
Oct. 9 (Bloomberg) -- European Central Bank President Mario Draghi speaks at the Brookings Institution in Washington about ECB policy, the European economy and investors’ expectations for the timing of interest-rate increases.
4. Kuroda Says BOJ Has Many Options for Further Easing
Oct. 8 (Bloomberg) -- Bank of Japan Governor Haruhiko Kuroda speaks about the nation’s economy and policy at the Economic Club of New York.
Oct. 1 (Bloomberg) -- David Tepper, the billionaire hedge-fund manager who runs Appaloosa Management LP, talks about U.S. stocks, the bond market and his investments in Fannie Mae and Freddie Mac.