With one month to go in 2017, everything is awesome. Both Stocks and World stock broke past 20% gains on the year with not a single down month. Each asset class in November recorded a positive number; long-only commodities could finish off the year in the positive in what was once down double digits on the year; Managed Futures strung together its first consecutive months of positive performance this year.
As we head into the time of year for a Santa Claus rally, we will see just how high the rally will take us to finish off 2017.
Source: All ETF performance data from Morningstar.com
Sources: Managed Futures = SocGen CTA Index, Cash = 13 week T-Bill rate,
Bonds = Vanguard Total Bond Market ETF (BND),
Hedge Funds= IQ Hedge Multi-Strategy (QAI)
Commodities = iShares GSCI ETF (GSG);
Real Estate = iShares DJ Real Estate ETF (IYR);
World Stocks = iShares MSCI ACWI ex US Index Fund ETF (ACWX);
US Stocks = SPDR S&P 500 ETF (SPY)
Article by RCM Alternatives