Cory's Insights – Tue 1 Dec, 2015

Major Asset Classes | November 2015 | Performance Review

This is a nice fact based breakdown of how the major asset classes preformed in November. While we cover the moves on a day to day basis it is always important to take a step back and look at the bigger picture.

Click here for the original posting page at The Capital Spectator.

Red ink swept across the major asset classes in November, with one exception: US equities. The Russell 3000 Index edged up 0.6% last month. Otherwise, losses prevailed, delivering a negative counterpoint to October’s generally bullish profile.

As for November, commodities were the big loser… again. The broadly defined Bloomberg Commodity Index fell 7.3% last month—the fifth consecutive monthly loss and the biggest dip since July.

gmi.01dec2015.a

Red ink now dominates the performance profile for most asset classes over longer-term horizons. The bearish aura continued to weigh on the Global Market Index (GMI), an unmanaged benchmark that holds all the major asset classes in market-value weights. GMI slipped 0.7% in November. Year to date GMI is fractionally lower, dipping 0.3% so far in 2015.

For the trailing three-year period, however, GMI still posts a respectable 6.2% annualized total return, which is nearly twice the rate for the benchmark’s long-term forecast, based on last month’s risk premia outlook.


Comments:
  1. On December 1, 2015 at 3:03 pm,
    Dick Tracy says:

    TCM made a big recovery today but the institutional investors will start selling in about 9 days and we may see 30 -40 million shares hit the market during tax loss selling. DT

  2. On December 1, 2015 at 3:10 pm,
    CFS says:
    • On December 1, 2015 at 3:18 pm,
      Frank from moscow CCF says:

      zerohedge …had the same article,…… and this is very alarming……….

  3. On December 1, 2015 at 3:40 pm,
    Frank from moscow CCF says:

    DEBT JUMPS UP this month… $ 674BILLION …. DEBT $18.8 trillion

    • On December 1, 2015 at 3:41 pm,
      Frank from moscow CCF says:

      congress has gone mad……….

    • On December 1, 2015 at 3:52 pm,
      Dick Tracy says:

      674 billion dollars would probably build about 50 GM car plants, just to put things in perspective.

      • On December 1, 2015 at 3:59 pm,
        Frank from moscow CCF says:

        in ONE MONTH……………X 12 MONTHS………..600 new plants in a year…. will put a lot of people to work

        • On December 1, 2015 at 4:00 pm,
          Frank from moscow CCF says:

          Then we can be like China and have ghost plant cities………..