2015 has been recorded in the history book, it was a challenging year for investors. No major asset class posted double digit returns (see Table 1(i)). S&P 500 gave a Total Return (including dividends) of 1.38%, while Commodities, Gold, Emerging markets were among the worst performers, even hedge funds struggled as they all posted negative…
The High Yield Bond market is having issues, bid: ask spreads have widened, liquidity is relatively lower, a few small Bond Funds are closing doors due to redemptions etc. The equity market (S&P500) is almost flat for the year, 15 days’ shy for the end of 2015. The Fed is meeting this week which will…
Repeat with me… Volatility is my friend and I shall like it. Understand that volatility has two sides … downward YES but also UPWARDS; somehow we don’t like downward moves (if long the market) but pine for upward movements mostly. Without volatile moves for which the stock market is know for (and investors are rewarded…