August 2017, Chicken Little Portfolio Performance

In August 2017, the Chicken Little Portfolio gained 1.74% while the Dow Jones Industrial Average gained 0.61%. The annus mirabilis continues for investors as all assets go up in price, almost every day.

2017, Annus mirabilis for investors

Chicken Little Feels the pain of "opportunity loss"

Bitcoin, Ethereum and other cryptocurrencies have doubled -- 100% return - since Chicken Little made his purchase in May. See May post here. How does Chicken Little feel about making a 100% return in 3 months? 

Terrible. 

"Opportunity Cost" is the economic term for missed opportunity. I label the pain of owning too little of a winning investment as "Opportunity Loss."  Investing is a tough game. Losing money hurts. Making money also hurts when others are making more. 

Chicken Little feels the pain of not owning enough crytpo

July 2017, Chicken Little Portfolio Performance

In July 2017, the Chicken Little Portfolio lost 0.10% while the Dow Jones Industrial Average gained 2.77%.

The best investment of 2017 has been cryptocurrencies. There are close to 1,000 different types of 'coin.' The most famous being Bitcoin and Ethereum. Chicken Little made a tiny investment in cryptocurrencies in May 2017.

Are your ready (player one) for cryptocurrencies? 

Chicken Little Portfolio Performance June 2017

In June 2017, the Chicken Little Portfolio gained 0.21% while the Dow Jones Industrial Average gained 1.71%. While financial conditions remain forgiving there are hints of a cold wind blowing in the form of rising interest rates. Recall, Chicken Little's warnings on interest rates from last year.

September 19, 2016: Japanese bonds will fall.
August 11, 2016: A darker future for US Treasury bonds.

Winter may be coming to the world's bond markets

Chicken Little Portfolio Performance May 2017

In May 2017, the Chicken Little Portfolio gained 0.95% while the Dow Jones Industrial Average gained 0.73%. Overall financial markets remain forgiving; every asset class tracked by Chicken Little is having a great year.

One piece of news for Chicken Little -- the first purchase of ethereum and other cryptocurrencies.

Chicken Little has entered the world of cryptocurrencies

Chicken Little Portfolio Performance April 2017

In April 2017, the Chicken Little Portfolio gained 0.97% while the Dow Jones Industrial Average gained 1.49%. Overall financial markets remain forgiving; every asset goes up in price, almost every day.

Financial Markets have been *very* friendly in 2017

The Fed is Corrupt & Incompetent

The US Federal Reserve is incompetent and corrupt. In the past, I have focused on incompetence: The Fed's mistakes played a central role in creating the 1930s Depression, stagflation in the 1970s, and the recent housing crises. 

In this post, I focus on the corruption of the Fed in three parts. 

1. Leaks by Federal Reserve President Jeffrey Lacker
2. Fed Chairman Ben Bernanke's giving millions to Goldman Sachs
3. Fed Chairmen Bernanke's making millions for himself

The U.S. Federal Reserve is Corrupt

Chicken Little Portfolio Performance March 2017

In March 2017, the Chicken Little Portfolio lost 0.26% while the Dow Jones Industrial Average lost 0.59%. Overall financial markets remain optimistic; risky assets continue to soar while scared cowards like Chicken Little angrily hide in our financial bomb shelters.

Chicken Little sold stocks and re-entered the bomb shelter

Chicken Little Chickens out of US stocks

On July 14, 2016, Chicken Little bought stocks following up on a May 2016 Chicken Little checklist for becoming bullish. 

As of March 28, 2017, Chicken Little's dalliance with US stocks is over. In spite of  'free money' in the US stock market, Chicken Little has sold all of his holdings. Why give up free money?  

Chicken Little sells US Stocks

Chicken Little Kiss and Tell

On August 11, 2016, Chicken Little broke up with Treasury bonds, his primary investment for almost a decade. In subsequent months, Chicken Little told of three investment "first dates" - Buying US Stocks, Shorting Non-US stocks, and Shorting gold. This posts updates those investment first dates. 

Chicken Little & New Investment Love

Chicken Little Portfolio Performance February 2017

In February 2017, the Chicken Little Portfolio gained 0.91% while the Dow Jones Industrial Average soared 5.13%.
Chicken Little's small brain is obsessed with one feature of financial markets, a newly hawkish US Federal Reserve.

Janet Yellen is going to restrain the Bull Market

Stock Market's Evaluation of President Trump

On November 8, 2016, when the world still thought Hilary would win, the Dow Jones Industrial Average closed at 18,332. Today, The Dow closed 13.5% higher at 20,812. 

The Trump Rally is smaller that it appears

Given the pending tax cuts, the question is why is the Trump Stock Market rally so tepid? 

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