Results Not Yet Final, But So Far, Election-Year Returns Have Yet to Appear
by James B. Cloonan
The bear market continues and is now about a year old, with the downturn in smaller company stocks a few months older.
Prior to this year, the Model Shadow Stock Portfolios worst year was 1998, when the portfolio was down 8.9% (Table 1 shows the annual performance of the Model Shadow Stock Portfolio since inception). Year-to-date (as of the end of August), we are a bit lower than 1998, at 10.2%.
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