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

March 2017 performance

Chicken Little lost 0.26% in March because of a modest decrease in the price of long-term US Treasury bonds. In March 2017, US stocks went nowhere after amazing gains in recent months and years. 

Mar 2017YTD 2017
Chicken Little-0.26%0.71%
Dow Jones Industrials-0.59%5.06%

March 2017 was a big positive month for stocks outside the US, while gold, treasury bonds and US stocks went nowhere. So far in 2017, every asset tracked by Chicken Little is having a positive year with emerging market stocks leading with a gain of over 12%. 2017 has rewarded investors for taking risk.

AssetSymbolMar 2017YTD 2017
Dow Jones IndustrialsDIA-0.59%5.06%
Non-US StocksEFA3.23%7.90%
Emerging Market StocksEEM3.69%12.51%
US Long-Term BondsTLT-0.65%1.74%

April 2017 portfolio positions

As of April 1, 2017, Chicken Little is long US Treasuries with a good amount of cash.

Chicken Little learned a valuable lesson in March 2017. Cowards cannot own stocks. Chicken Little found that having a little over 1% of the portfolio invested in stocks was too much. This leaves the Chicken Little portfolio in the position being invested only in cash and US Treasuries.

Chicken Little is in a very defensive investment position, but there are no short positions. From a psychological perspective selling all stocks was important. From an economic perspective, however, there were no substantial changes in the Chicken Little Portfolio in March 2017. 

Previous month's report                           Subsequent Month's report

Chicken LittleDow Jones Industrials
2017 (through March)0.71%5.06%
2015 (April through Dec)-2.49%-0.27%
since inception (3/31/15)-3.68%21.62%

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