Below is the scorecard and although we are still outpacing most global and US stock and bond markets, the GSG (Commodity ETF) has really had a nice run lately. The inflation chatter is back on the table and the prices of 'stuff' is going up again. Gas is the most noticeable, which is a real drag on our wallets but is not necessarily a bad thing for our portfolios.
I am not making any major portfolio changes this week, but I am keeping a close watch on commodities relative to the international markets. If I was a betting man I'd say if there are any asset class changes in the pipeline in the next few weeks it will be there.
For now, we let small caps, materials and the precious metals keep running and see how all of this Libya/Middle East stuff shakes out. Again, I don't mean to downplay what is going on over there. We are witnessing history, but keep your investment decisions and the 'news' in separate mental buckets.
Otherwise, full steam ahead and happy investing!
| | Jan 24, 2011 | today | % Change |
| My Portfolio | $99,994.75 | $103,676 | 3.97% |
| S and P 500 | 1282 | 1319 | 2.89% |
| FTSE 100 | 5943 | 6001 | 0.98% |
| Commodities Index (GSG) | 33.99 | 36.25 | 6.65% |
| 20 Year Treasury (TLT) | 92.43 | 92.2 | -0.25% |
| US Dollar Index | 78.30 | 77.21 | -1.39% |
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