September 2018 Chicken Little Portfolio Performance

Recently, the Dow hit an all-time high of 26,951. At the same time, oil, copper, gold, and emerging market stocks have been in a decade-long stealth deflationary depressionThe question has been how long can the Dow resist being pulled down? The answer is that the stockalypse is imminent

US equities will fall

September 2018 performance

In September 2018, the Chicken Little Portfolio lost 1.36% while the Dow added another 1.94% to reach a total return for the 2018 of 8.44% 

Sept 2018YTD 2018
Chicken Little-1.36%-2.24%
Dow Jones Industrials1.94%8.44%

US stocks are alone in soaring. Looking more closely, a handful of large-cap stocks are the last parts of the global market to resist the downward pull. Chicken Little continues to believe that the global monetary bubble will end very badly. 

AssetSymbolSept 2018YTD 2018
Dow Jones IndustrialsDIA1.94%8.44%
Non-US StocksEFA0.95%-1.37%
Emerging Market StocksEEM-0.58%-8.30%
US Long-Term BondsTLT-3.02%-5.90%

October 2018 portfolio positions

Chicken Little remains prepared for a deflationary depression by being long US Treasuries with a good amount of cash. The portfolio position is exactly the same as it a month earlier.

Previous month's report                           Subsequent Month's report

Chicken LittleDow Jones Industrials
2018 (through Sept)-2.24%8.44%
2015 (April through Dec)-2.49%-0.27%
since inception (3/31/15)-2.23%60.33%

No comments :

Post a Comment