It was a movie, now it is our economy.  All the craziness in Washington is no doubt the prime factor.

We continue our 2017 theme since January 11.  Here is the story behind our contrarian EXTH tracking fund.

  1. We are long some gold for safety.
  2. We are short some stock, especially retailers, as the consumers are holding their money close to the vest.
  3. We are long T-Bonds because they are where the final signal to confirm an economic cycle bottom from the 2000 market highs is confirmed. The Stock Markets 2008 and 2017 artificial tops will all melt away in my opinion.
  4. We are short Oil as it is a proxy for all that ails the macro situation.

Both tracking funds continue to tread water.

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