The small-cap bounce

US stocks had a phenomenal run in November, attributed to the Trump win.

Small cap value stocks ruled big time with a 13% gain.


In the spirit of sensationalism, a 13% monthly return is 333% annualized!

Source: PPCA Inc.

Gold Pummeled 

Diversifying outside of US stocks was not smart, except for oil in the last few days of the month because OPEC seemed to reach a curtailment agreement.

Gold got hammered, losing 8% (-63% annualized).

A strengthening dollar response to the Trump win stripped off all the luster.


Photo Credit: Sheila Sund via Flickr Creative Commons