Editor's note: This quick take comes courtesy of Hedgeye analyst Jonathan Casteleyn. Click here for information on how you can begin profiting from Hedgeye research. Follow Jonathan on Twitter @hedgeyeJC
2013 in review...you need to know the past before forecasting the future.
Stocks obviously had a spectacular run up over 30%. Look for some mean revision and muted returns in 2014.
Nat Gas came close to scoring double digit gains. Look for more positive momentum with the ongoing frigid temperatures in the Northeast.
Gold booked its worst performance down over 28%. With sentiment still very dour, Gold would surprise this year with even a slight up move.
Finally, Bonds were beat up badly in 2013. 10-year and 30-year Treasuries fell -7 and -15% respectively. While you won’t likely see that much downside in 2014, prospects for bonds remain soft.