PentaNews December 2019

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PentaNews December 2019

Growing optimism about a trade agreement with China helped equities to continue to rise, as they should in November. Both the S&P 500 and the NASDAQ index reached record highs this month.
In contrast, gold still failed to reach the September high and lost another -3.2%. Government bonds lost slightly in value at -0.4%, while the US dollar index rose by 1.2%.

Our two strategies, High Yield Classic +2.06% and High Yield MiniMax +2.14%, again performed quite well.

And now, of course, all eyes are on December, which is traditionally also a positive month. We can remain curious whether the market will have some Christmas presents ready for us this year…

Stay happy, healthy and wealthy!

Omar

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