Everything Is Awesome

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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.

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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.

Santa Claus rally

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

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