ASSET CONSENSUS(Negative Consensus/Bull Market Indicator) What's losing money
November 5, 2015
Let's take a quick look at what asset classes have been tanking it this year. The winners are on the other side of our Investor Consensus Blog page.
On first glance, it appears most asset classes have been taking it in the pants save a handful indexes in places you would think are the last places you would want to put money to work. The dogs have been lead by the commodities (oil, copper, wheat, gold) as well as bourses in Greece, Brazil, and Emerging Markets as a whole. Basic investment behaviour would be to avoid these sectors, however history shows that this year's dogs can become the next year's queen of the ball. The best time to buy assets is when they are on sale. Judging by the above chart, it looks like if you can find the quality assets, you could potentially be laying a nice foundation for long term growth if you are patient and willing to ride out some pain in the short to medium term.