ASSET CONSENSUS(Positive Consensus/Bear Market Indicator) What's making money
November 5, 2015
As we enter the home stretch for 2015, we thought it would be a good time to check in and see what asset classes have hit it out of the ball park this year (The duds is on the other side of our Investor Consensus Blog).
Based on the analysis done by Deutsche Bank the answer appears to be not to many things. If you could bring yourself to investing in Russia despite what Putin's been up to and Japan which has a Walking Dead thing going on over there, or England which has foreign money gushing into there, you would be having yourself a decent year. Even the Shanghai index with the Central Bank acting like the Three Stooges still has managed to post a gain. The chickening out by Club Fed in raising interest rates in the US seems to have given US stocks a reprieve. Other than that it's been slim pickings. Usually the way these type of performance indicators work out, this years winners could easily be next years dogs. Tread carefully if you choose to hitch a ride with the Putin machine.