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2016 Vs. 2017: YTD Returns
Think back.
Way back.
All the way back to January of ... last year.
It was a painful month to say the least. Stocks and commodities were more depressed than a Hillary voter at 12 a.m. EST on November 9.
For bonds, it was business as usual. 10s have rallied in three consecutive Januarys going into 2017...
(Chart: SocGen)
This year is off to a better start for equities and crude, while the abrupt reversal of the reflation trade has pushed yields lower in the US (are we headed for a fo
Last year by the 19th Jan, I had lost over 30% of my portfolio value. Finished up over 40% for the year, but I do not wish to repeat the first two months of 2016.