At this point it is pretty clear that the stock market was a yuge winner in 2017. So was bitcoin. How did other assets do? Currencies? Energies? Let’s take a look.
An absolute win. With the booming economy, likely to continue.
Gains on the long bond, about break even on the shorter.
|30-Year US T-Bond||3.96%|
|10-Year US T-Note||0.58%|
|5-Year US T-Note||0.3%|
|2-Year US T-Note||0.57%|
Nothing much happening – trading in a range.
With the economy booming, the industrial metals exploded. The precious, not that much. Still, all positive.
Drastic moves (10% for a currency is a lot). The theme being the US dollar losing value.
|US Dollar Index||8.44%|
Some pretty drastic moves in both directions. Lumber is close to all time highs, for example.
Mostly red. Food for thought: wheat and corn getting cheaper by non-trivial amounts. To me that’s a testament of what technology does for our food supply.
|Soy Bean Meal||4.94%|
|Soy Bean Oil||7.30%|
Just for completeness.