Looking At Draw Downs

Looking At Draw Downs

The median intra-year drawdown for the S&P 500 Index since 1928 is 13.1%(closing basis). So far in 2018 the maximum drawdown is 10.2%. We haven’t experienced a ‘median’ sized(or greater)drawdown since 2011. Interesting… Hat tip Charlie...
Closing In

Closing In

From Ryan Detrick:   The current bull market is less than a month away from becoming the longest bull market...
The U.S. Is Tops

The U.S. Is Tops

By a mile. Equity returns, last 10 years… US: +139% Germany: +20% France: +15% UK: +15% Spain: -20% Italy: -37% Hat tip Charlie...
Stocks Versus Commodities

Stocks Versus Commodities

The DBC(PowerShares Commodity Index)has reached its highest level in three years this week.  Over the last year the DBC has outperformed the S&P 500 Index handily.  We are long DBC in some managed accounts. Hat tip Charlie Bilello....