Portfolio Performance Comparison (as of 11/3/2012)
*: NOT annualized
**YTD: Year to Date
*: NOT annualized
**YTD: Year to Date
Detailed and up to date link here >>
Hurricane Sandy passed without inflicting unexpected damage (though it is still once 100 year storm). We are now approaching the election day. In fact, after you read this newsletter, voting is under way. U.S. stock markets have some leadership changed: technology stocks losing steam while cyclical stocks such as financials are still hanging there. In terms of major asset class trends, U.S. stocks crawled back to one of the top spots.
In the meantime, Hussman and a few have insisted that U.S. economy has been in recession. It should be noted that even if the economy is later determined to be in a shallow recession, there is a possibility that it might not affect stock market seriously. For now, we’ll just follow the markets.
Please login or register an account to view the newsletter