May 2026, Chicken Little Portfolio Performance

Wolf!

Interest rates around the world have broken out to new cycle highs (See my post "Global Stock Markets are Next to Fall" from mid-May). To mix metaphors, I have been crying wolf that the sky is falling for years; now, all the negative pieces seem to be coming together. I remain 100% negative on risky assets including stocks. 

May 2026 Portfolio Performance

In May 2026, the Dow Jones Industrial Average gained 2.89%, while the Chicken Little Portfolio lost 0.48% on a short-lived bet against stocks.  Year to date, Chicken Little has returned 0.50% vs. a gain of 6.76% for the Dow.

	May 2026	YTD 2026
Chicken Little	-0.48%	0.50%
Dow Jones Industrials	2.89%	6.76%

May 2026 was mixed month for speculative asset classes. Gold and cyrpto were modest losers, while stocks around the world had positive returns led by emerging market stocks. Year to date, bitcoin is the biggest loser, and gold my soon turn negative for 2026. 

Asset	Symbol	May 2026	YTD 2026
Dow Jones Industrials	DIA	2.89%	6.76%
Non-US Stocks	EFA	2.42%	9.13%
Emerging Market Stocks	EEM	7.20%	25.39%
US Long-Term Bonds	TLT	0.53%	-0.12%
Gold	GLD	-1.54%	5.25%
Bitcoin	BTC	-5.95%	-16.80%

June 2026 portfolio position

Chicken Little Portfolio remains 100% in cash.  Looking for an opportunity to get short stocks. 

Previous month's report      Subsequent Month's report

	Chicken Little	Dow Jones Industrials
2026 (through May)	0.50%	6.76%
2025	-0.03%	14.56%
2024	3.30%	14.71%
2023	2.05%	15.80%
2022	-5.88%	-7.06%
2021	5.11%	20.69%
2020	8.04%	9.27%
2019	9.03%	24.82%
2018	1.27%	-3.63%
2017	4.57%	27.72%
2016	-1.92%	16.08%
2015 (April through Dec)	-2.49%	-0.27%
since inception (3/31/15)	25.00%	254.15%