The Income & Growth investable benchmark is down 4% and on track for its worst calendar year since the crash of 2008.
Still, ETF PM’s active management delivered gains in 2008 and this year as well. Our Max Alpha (MA) and Market Neutral 3x (MN 3x) strategies are currently up by 8% and 11% YTD, respectively, and Tactical 3x (T3) is flat for the year.
It’s the Worst Time to Make Money in Markets Since 1972
>Not a single of 8 main asset classes is up at least 5% in 2018
>There was bull market somewhere in 2008, 1974 routs, NDR says
Elena Popina, 12/5/18
Market statisticians are falling over each other in 2018 to describe the pain being felt across asset classes. One venerable shop frames it this way: Things haven’t been this bad since Richard Nixon’s presidency.
Ned Davis Research puts markets into eight big asset classes — everything from bonds to U.S. and international stocks to commodities. And not a single one of them is on track to post a return this year of more than 5 percent, a phenomenon last observed in 1972, according to Ed Clissold, a strategist at the firm.
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