February 2023, Chicken Little Portfolio Performance

Rising interest rates will crush the economy and risky assets. This has been my belief for years, and now it is coming true. Look out below. 

Interest rates will crush speculation

February 2023 performance

Chicken Little was flat in February 2023 while the The Dow Jones Industrial Average lost 3.87%. Year to date, chicken little has lost 21 basis points while the dow is down a bit more than 1%

Feb '23YTD
Chicken Little0.00%-0.21%
Dow Jones Industrials-3.87%-1.19%

February 2023 was a negative month for most major asset classes. Interest rates rose dramatically. Stocks, bonds, and gold lost between 3-7% in the month. Very short-term treasury bills and crypto treaded water.  

AssetSymbolFeb '23YTD
Dow Jones IndustrialsDIA-3.87%-1.19%
Non-US StocksEFA-3.07%5.65%
Emerging Market StocksEEM-7.57%0.87%
US Long-Term BondsTLT-4.84%2.44%

March 2023 portfolio position
The Chicken Little Portfolio remains prepared for financial disaster.  The portfolio is 86.25% invested in treasury bills that mature in less than one year - I am labelling that as cash now. 13.75% of the portfolio is invested in treasury bills that mature in early 2025. I am looking for a chance to short stocks again. 

Chicken LittleDow Jones Industrials
2023 (through February)-0.21%-1.19%
2015 (April through Dec)-2.49%-0.27%
since inception (3/31/15)17.77%115.41%

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