geez. Carmine has some views. Probably a conspiracy behind it.
but seriously, come on. This is what the market does in the short term. People run to one side of the boat, the boat tilts way over and then rocks back the other way.
In this case, sentiment got so catastrophically bad that all the panic selling was already done. Combined with yet another solid earnings season, signs inflation has peaked and interest rates may have peaked, money started returning to the market, causing a snowball effect as people panic sold hedges like your puts.
Will the boat flap back over to the other side? Who knows.
Will be very interesting to see if Flagpole's crazy luck continues and he will beat this crazy market for the 33rd time in 34 years. Wouldn't that be something. Market tanks - advantage Flagpole, Market record highs - advantage Flagpole. Market lackluster - advantage Flagpole. Market great depression- Advantage Flagpole. The guy can't lose.
Let's see a ROUGH update!
Dow YTD: -8.83% (includes today's up Dow)
Flagpole YTD: -17.67% (NOT including today's up Dow. Jeebus!)
I will say that this market has been very easy to beat...owning TIPS and value/dividend stocks has produced the biggest outperformance of my career, no doubt. but of course I've still lost a lot of money in 2022. Just less than the benchmark.
Those owning tech are getting wacked upside the head - that's the other side of the coin.
I never thought of it that way. I guess if you beat the market, that can mean losing less than the market. But still losing a lot of money.
Katie Koch, Goldman Sachs CIO of public equity, says she's worried about the future of the 60/40 portfolio and discusses where she's finding investment oppor...
Will be very interesting to see if Flagpole's crazy luck continues and he will beat this crazy market for the 33rd time in 34 years. Wouldn't that be something. Market tanks - advantage Flagpole, Market record highs - advantage Flagpole. Market lackluster - advantage Flagpole. Market great depression- Advantage Flagpole. The guy can't lose.
Let's see a ROUGH update!
Dow YTD: -8.83% (includes today's up Dow)
Flagpole YTD: -17.67% (NOT including today's up Dow. Jeebus!)
HSGFX Performance - Review the performance history of the Hussman Strategic Growth fund to see it's current status, yearly returns, and dividend history.
I never thought of it that way. I guess if you beat the market, that can mean losing less than the market. But still losing a lot of money.
What other way would there be to look at it?
I always thought of "beating the market" as being green that year. So for those 33 out of 34 years that you beat the market, some of those years just means you lost less than average?
I always thought of "beating the market" as being green that year. So for those 33 out of 34 years that you beat the market, some of those years just means you lost less than average?
Many investors will have half as much a year from now. The market averages will get the, back to even in 2032 or 35.
The annualized return for the index for the 10 years was 9.21%. That is pretty good.
The annualized return (or lack of) for the Hussman fund was NEGATIVE 4.30%.
There is a difference of almost 14% between the two. Would you rather be earning 9.21% each and every year or losing 4.30% each and every year?
Means nothing. First purchase 11/20/2020 and last purchase 4/4/2022.
Sooo ... you bought in 11/20/20. So you had for all of 2021. The Hussman fund was down 0.23% for the year versus a gain of 19% for the index. Seems like you lost out big on that.
FED will announce another rate hike tomorrow/today, right? How much does the market fall? One percent? Two percent? More? Should be priced in, but you know it never is totally. Powell will come out and announce a 50 basis points rate hike and the market will immediately drop. That's my guess anyway. Could be totally wrong.
Surely the market has priced in a 50BPS hike? It's had a month of warnings. I don't think much happens unless they come out with 0.75 or 1% and then panic sets in. If it's 50BPS I think it rallies. The last month was the big sell-off after the Fed starting getting more Hawkish I think.
FED will announce another rate hike tomorrow/today, right? How much does the market fall? One percent? Two percent? More? Should be priced in, but you know it never is totally. Powell will come out and announce a 50 basis points rate hike and the market will immediately drop. That's my guess anyway. Could be totally wrong.