Summertime
In May, we witnessed yet another episode of the U.S. debt ceiling drama, which has become a recurring theme for seasoned investors. However, this spectacle appears more like a theatrical performance rather than a true reflection of reality. It is difficult to fathom that U.S. politicians would willingly harm their own economy by allowing a default event to occur. Nevertheless, in this age of social media influence, there seems to be a fervent desire to challenge the U.S. dollar’s indisputable status as the reserve currency.
As a result, there is a noticeable shift among managers towards diversifying beyond U.S. investments, encompassing both equities and bonds. This includes exploring opportunities in emerging market stocks and local currency bonds.
See our Global Market Rotation Strategy, World Top 4 Strategy and Bond ETF Rotation Strategy.
On a different note, the technology sector continues its upward trajectory, with the QQQ index demonstrating an 8.5% increase for the month and an impressive 31% gain for the year. This surge is primarily attributed to the rapid advancements in artificial intelligence (AI).
See our non-hedged NASDAQ 100 Leaders Sub-strategy.
Logical-Invest Strategy performance
May witnessed modest market performance, with the S&P 500 Index ETF (SPY) gaining 0.5%, the 20+ Year Treasury Bond ETF (TLT) falling by 3%, and the Gold ETF (GLD) decline by 1.3%.
Our strategies were mixed for the month. The best performer for May was the US Market Strategy 2x (5.1%), followed by the non-leveraged version. The strategy seems to be holding all the right assets. 40% in QQQ, 36% in short term money market and 24% in gold.
You can compare our main strategies here: https://logical-invest.com/app/testRank.php
Access our full list of sub-strategies here: https://logical-invest.com/app/asset_list.php
Let us know what you think in our forum.
The Logical-Invest team.