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.

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Financial Markets have been *very* friendly in 2017

April 2017 performance

Chicken Little gained almost a percent in April because of an increase in the price of long-term US Treasury bonds. In April 2017, US stocks rose more than a percent, adding to amazing gains in recent months and years. 

Apr 2017YTD 2017
Chicken Little0.97%1.69%
Dow Jones Industrials1.41%6.54%

April 2017 was a shooting fish in the barrel month. All assets that Chicken Little tracks went up in price. The only way to lose the investing game so far in 2017 has been to hold cash (or to short Tesla, Facebook, Amazon, or any asset). All investments have gone up, almost every day. 

AssetSymbolApr 2017YTD 2017
Dow Jones IndustrialsDIA1.41%6.54%
Non-US StocksEFA2.42%10.51%
Emerging Market StocksEEM1.70%14.42%
US Long-Term BondsTLT1.56%3.33%

May 2017 portfolio positions

As of May 1, 2017, Chicken Little is long US Treasuries with a good amount of cash. Chicken Little is the strange position of believing that the stock market will go up, but owning no stocks directly. This disconnect coming from the visceral realization that people afraid of a depression cannot hold stocks.

Chicken Little is in a very defensive investment position, but there are no short positions. There were no changes in the Chicken Little Portfolio in April 2017.

Previous month's report                           Subsequent Month's report

Chicken LittleDow Jones Industrials
2017 (through April)1.69%6.54%
2015 (April through Dec)-2.49%-0.27%
since inception (3/31/15)-2.75%23.34%

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