Happy New Year!
the madness continues...
This week, we stressed the MAD paper we discussed before: Multiple MADs. Magic parameters always make us nervous.
Markets this Year
You wouldn’t have guessed at the beginning of the year that the best performing country ETFs (in $) for 2023 reference Argentina ($ARGT) and Poland ($EPOL).
The Nasdaq-100 had one of its best years ($QQQ).
And everybody is going into 2024 super bullish 🚀🚀🚀
India
Our Quantitative Value strategies did well…
… so did simple Momentum strategies…
… not so much if you used stop-losses.
Major indices had a good year…
… momentum indices had a great one!
Everything did well except for tech…
… and the rupee surprised everyone by what it didn’t do.
U.S.
One of the best years for US stocks…
… and gold…
… not so much if owned bonds.
More here: country ETFs, fixed income, currencies and commodities.
Crypto
Did you know that solana spelled backwards is…
Meme of the Year
