The start of the New Year provided a rude awakening to the few remaining people lulled to sleep by the die-hard equities bull market. While the world faced the worst COVID case spike of the pandemic, it also had to come to terms with a more hawkish posture from the Fed. Markets trended hard for […]
Category: Market Commentary
15
Feb
2022
14
Jan
2022
Mutual Fund Performance – December 2021
December markets brought some volatility as the world attempted to figure out the relative impact of omicron and the Fed likelihood of raising rates sooner than expected amidst some potentially improving job numbers and high inflation metrics. Trend following programs generally fared poorly (unless you stayed long oil), but not bad enough to erase a […]
03
Dec
2021
Asset Class Scoreboard: November 2021
Well, things certainly took an interesting turn in November, with most asset classes squarely in the red after a post-Thanksgiving Black Friday sell-off and failed bounce on the last two days. Commodities got smoked, led by the energy complex, dropping -10.59% – taking down any risk on class: U.S. Stocks, World Stocks, Hedge funds, U.S. […]
29
Nov
2021
Was Friday the end for the trend following rally?
Well…that was fast! No sooner had the digital ink dried on our Trendsgiving post last week talking about the rally in trend-following managed futures programs – then the market gods smacked that asset class right back into place: Us last Wednesday= While economists argue over whether it is “transitory” inflation, many commodity markets are […]
02
Sep
2021
Options to Trend Following, and Back Again with Scot Billington of Covenant Cap.
We jump back into some VIX and Volatility discussion with this week’s episode but also get to talk about trend following’s rise and fall (and rise again?) over the past decade. We’ve got Scot Billington, the co-founder and managing partner of Covenant Capital Mgmt., talking through his unique journey from futures broker to floor trader […]
20
Aug
2021
Charting a Chinese Commodities Course with Fred Schutzman of Abingdon Global
What do you do when trends stop appearing for the quarter of a billion dollars you manage? Where do you go to find markets like the ‘good old days’ for trend following? Our guest for this episode, Abingdon Global’s Fred Schutzman is in a unique position to answer those questions – and much more! Listen […]
12
Aug
2021
BITFD & Wake the F Up with Ben Hunt of Epsilon Theory
Over 100,000 investors in 180 countries listen to Ben Hunt, founder of Second Foundation Partners and the Epsilon Theory blog, debunk the latest narrative machines in each of his opus-like post. So with Covid cases climbing and inflation expectations rising, it seemed like as good a time as ever to bring Ben back on the […]
11
Aug
2021
You’re not Gonna get Another Crash?
For those of you who haven’t checked out our Big List of Alts folks on Twitter (and VolTwit list), you may have missed the great thread/reply storm (we’re not sure what you call a bunch of replies nested in replies nested in retweets?) around what the next crash will look like. It started with @squeezemetrics […]
05
Aug
2021
Behind the Buffered Notes Bonanza With Joe Halpern of Exceed Investments
Who hasn’t been pitched a buffered note at this point? Participate in the upside and get credited back the first 10% in losses. What could go wrong? There’s billions of dollars of these things out there, and they’re even creeping into the ETF and mutual fund space. How exactly do they work? Which options are […]
03
Aug
2021
Asset Class Scoreboard: July 2021
More of the same for the asset class scoreboard in July, as US real estate, US stocks, and Commodities all led the way – further cementing their double digit returns for the year (and adding quite a bit to the inflation narrative making the rounds. The biggest surprise, perhaps, was bonds putting in a strong […]
