With 2018 coming to a close, we’d once again like to take a look at the best and worst of this year’s futures markets. Using the year to date tab over on finviz on the last day of the year lets us see the 2018 performance of 48 futures markets:
What we noticed:
- VIX exploded more than doubling from its levels this time last year (folks like LJM know all about that)
- There’s barely any green on this board, with 77% of markets ending in the red. (!!!)
- And the ones that were positive (ignoring the VIX) were hardly so, averaging a YoY gain of just 9.4%.
- Ag markets were in focus, with Corn, Oats, and Wheat able to escape the tariff drama that besieged Soybeans, each gaining nicely.
- There’s a correlation between the cheaper fill ups you’ve been seeing at the gas tank and Crude Oil down -25%.
- For the first time in a long time – all the bond futures markets were down on the year (rates higher) as the Fed tightening cycle played out.
2018, as usual in our world, was an interesting year in the markets. 2019 brings a whole new slew of opportunities and we’re just as excited as always to see what happens next. Keep an eye out in January for our 2018 Strategy Review and our 2019 Outlook.
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.
Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.
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