Happy 2019, our A.I made 54% passively, win rate this year increase to 77% on average. The A.I did not have any large draw-down this year and we survive huge event like Brexit (a few times), CHF, JPY crash.. etc
FXVNOL wish you and family a Merry X’mas & a Happy New year, let hope we will have a fruitful year of 2020.
U.S. stocks rallied to fresh record highs after some uncertainty was lifted around three issues that dominated the market narrative for most of 2019: trade, Brexit and Fed policy. U.S. and China reached a “phase one” trade deal, easing fears of further trade escalation. In the U.K., prime minister Boris Johnson received a strong mandate after his party won the majority in the general elections, which reduces some of the political uncertainty as the country negotiates its exit from the European Union. Lastly, the Federal Reserve (Fed) left interest rates unchanged last week, signaling a pause through 2020.
The market, in the first week of December, made a strong case for being optimistic that the bull market continues, with stocks rising 0.9% on Friday. What a difference a year makes! In contrast, the first week of December 2018 started off much rockier. Stocks slumped as a section of the yield curve inverted, unnerving investors with recession worries. Adding to market woes, last year the November jobs market missed expectations, and trade negotiations, which had been promising, started to unravel. That first week proved prescient – later that month stocks slid almost 20% to near bear-market territory.