Today's Chart of the Day shows the outperformance of inflationary assets like Silver, Gold, and other commodities vs traditional 60/40 portfolios.
"If US Equity or 60/40 Only investors are happy with a +1.2% gain in the Russell 2000 last week to +1.6% on their “YTD” (and the 10yr dead flat), I’m happy for them," said CEO Keith McCullough in this morning's Early Look. "I’m always happy to compete with teams who have low expectations of themselves!"
Silver inflated another +6.8% last week, taking its TRENDING 3-month Full Investing Cycle Return to +26.2%. Gold was +2.5% for us last week taking its 3-month Full Investing Cycle Return to +16.6%.
What would you rather be long?
HELPFUL LINKS:
Join New Subscriber Orientation
New Conference: Hedgeye Live 2024 May 2-5