October 2019, Chicken Little Portfolio Performance

October was another month of waiting. Lots of ups and down, but almost zero movement. The Fed has cut rates three times so far this year. six more and we will be at Depression level zero interest rates. 

Still Waiting

October 2019 performance

The Chicken Little Portfolio gained 0.19% in October while the Dow Jones Industrial Average gained 0.64%.   

Oct 2019YTD 2019
Chicken Little0.19%9.87%
Dow Jones Industrials0.64%18.08%

Almost every asset class tracked by Chicken Little had modest gains in October. Long-term Treasury bonds slipped in the month, but remain the single best traditional asset class year to date.  Crypto continues to dominate overall with massive gains this year. 

2019 remains a year where the only way not to make money investing has been not to invest. A drunk monkey throwing risky darts would have gotten rich so far this year. 

AssetSymbolOct 2019YTD 2019
Dow Jones IndustrialsDIA0.64%18.08%
Non-US StocksEFA3.32%17.04%
Emerging Market StocksEEM4.15%9.81%
US Long-Term BondsTLT-1.22%18.19%

November 2019 portfolio positions

The Chicken Little Portfolio remains prepared for a deflationary depression. In October, Chicken Little re-established a small position in cryptocurrency. 

Chicken Little has gone back and forth on crypto and gold . The Fed will definitely try to avoid disaster by massive e-printing. That seems to argue for buying gold and crypto. However, at some point massive debt has to lead to high real interest rates, which might cause low gold and crypto prices. 

Previous month's report                 Subsequent Month's report

Chicken LittleDow Jones Industrials
2019 (through Oct)9.87%18.08%
2015 (April through Dec)-2.49%-0.27%
since inception (3/31/15)11.27%68.26%

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