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    Results Not Yet Final, But So Far, Election-Year Returns Have Yet to Appear

    by James B. Cloonan

    Results Not Yet Final, But So Far, Election Year Returns Have Yet To Appear Splash image

    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 Portfolio’s 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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    → James B. Cloonan