Holiday activities deem that we call a close to the end of the month, quarter, and year prematurely. It's now or never so to speak and we're not obligated to follow FASB rules. Funny, who is these days? Judging from the recent market serenity, no significant changes are anticipated next week. If something notable happens, we'll reconsider.
With the above caveat noted, Fiat Fantasy returned 1.6% for the month. BPT, KOL, DBA, and HAP were strong performers. Bonds were weak, but not alarmingly so. Frankly, I'd be thrilled to see bond prices continue to fall gradually.
The Investments and Results pages have also been updated.
Merry Christmas-- let's end the year on a high note.
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