Deutsche Bank AG (NYSE:DB) (ETR:DBK) has published a very interesting chart that shows just how little worried investors were during the U.S. federal government shutdown. The bars indicate the YTD returns, and the markers indicate market returns since the government shutdown began on October 1.
There has not been any shying away from equities, and gold declined even further on the year.
Yost Partners was up 0.8% for the first quarter, while the Yost Focused Long Funds lost 5% net. The firm's benchmark, the MSCI World Index, declined by 5.2%. The funds' returns outperformed their benchmark due to their tilt toward value, high exposures to energy and financials and a bias toward quality. In his first-quarter letter Read More
Via Floating Path