Thursday, December 03, 2015

December should get interesting.

I'm pretty sure the Dow is negative for the year. It keeps swinging from one side to the other. It's pretty late in the year to basically be flat. And this being December - some funds surely will have to reallocate and take tax losses. Especially anything at all from the commodity sector. Iron ore for example is down 80% YOY. That's a lot of percent. Exxon is down 25%. You get the idea.

All I know is - there are going to be a bunch of bankruptcies soon. Even I didn't expect this to drag on this long.

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