Chicken Little Portfolio Performance July 2016

In July 2016, the Chicken Little Portfolio gained 0.59% while the Dow Jones Industrial Average gained 2.90%.
Central Banks make investing appear easy

July 2016 performance

July 20162016 YTDSince Inception (3/31/2016)
Chicken Little0.59%6.84%4.18%
Dow Jones Industrials2.90%7.15%6.86%

Chicken Little earned 0.59% in July, benefitting from the increase in price of long-term US Treasury bonds. Investing in July was like shooting fish in a barrel because every asset class went up in price. The only way to fail to make money in July was to short anything or to sit in cash.  

AssetSymbolJuly 2016YTD 2016
Dow Jones IndustrialsDIA2.90%7.15%
Non-US StocksEFA3.96%0.81%
Emerging Market StocksEEM5.44%13.38%
US Long-Term Treasury BondsTLT2.10%18.68%

August 2016 portfolio positions

As of August 1, 2016 the Chicken Little Portfolio remains ready for a global, deflationary depression. Chicken Little is heavily invested in US Treasuries and cash. 

There is one big change, at least psychologically, in the Chicken Little Portfolio. Chicken Little is now long stocks, for the first time in years. Chicken Little remains pessimistic to an historic degree, but Chicken Little does not fight the market (see post: Chicken Little Buys). The impact is currently just psychological as the stock position is so minuscule that there can be no significant financial impact. 

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