November 2018 chicken Little Portfolio Performance

Chicken Little continues to believe we are already in the midst of a deflationary depression. The day of reckoning for large government deficits and monetary mischief looms. 

Stocks for the Long Run steams into danger 

November 2018 performance

Global financial markets rebounded a bit in November 2018 after a tough October.  In November 2018, the Chicken Little Portfolio gained 1.14% while the Dow gained 1.93%  

Nov 2018YTD 2018
Chicken Little1.14%-1.94%
Dow Jones Industrials1.93%5.15%

November was a modestly positive month for all major asset classes. Bitcoin and other crypto currencies continued their precipitous declines. US stocks remain the best performing of the risky assets, and US stocks are alone in producing positive returns so far in 2018. 

AssetSymbolNov 2018YTD 2018
Dow Jones IndustrialsDIA1.93%5.15%
Non-US StocksEFA0.49%-8.80%
Emerging Market StocksEEM4.87%-12.20%
US Long-Term BondsTLT1.98%-6.80%

December 2018 portfolio positions

Chicken Little remains prepared for a deflationary depression by being long US Treasuries with a good amount of cash. Chicken Little has begun three probing bear market actions. Short emerging marketsshort US stocks, and long gold

These bear raid positions are small. Larger bear market operations will be on the Chicken Little agenda if the Dow Jones Industrial Average goes below the February 2018 low of 23,533. 

Previous month's report                           Subsequent Month's report

Chicken LittleDow Jones Industrials
2018 (through end of Nov)-1.94%5.15%
2015 (April through Dec)-2.49%-0.27%
since inception (3/31/15)-1.93%55.47%

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