The year to date performance numbers for various asset classes after August sure make you feel like Bernanke and his bunch are doing all they can to prop up real estate and stock prices in the US, with those two asset classes well above the rest so far in 2012.  What’s that old saying about not fighting the Fed…

We’re happy to see managed futures hanging on to a positive year, however slightly, and hope to see them close the year on a strong note, no matter where the rest of the group ends up.

As always, past performance is not necessarily indicative of future results.

 

Managed Futures = Newedge CTA Index, Cash = 13 wk T-Bill rate,

Bonds = Vanguard Total Bond Market ETF (BND), Hedge Funds = DJCS Core Hedge Fund Index

Commodities – iShares GSCI ETF (GSG), Real Estate = iShares DJ Real Estate ETF (IYR)

World Stocks = MCSI World Index (ex USA), US Stocks = S&P 500