2017 Winners and Losers

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.

Indexes

An absolute win. With the booming economy, likely to continue.

Asset	Gain/Loss
S&P 500	20.39%
Nasdaq	31.80%
Russell 2000	13.93%
S&P 400	14.89%
Dow Jones	26.46%
Nikkei	20.39%

Bonds

Gains on the long bond, about break even on the shorter.

Asset	Gain/Loss
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%

Oils

Nothing much happening – trading in a range.

Asset	Gain/Loss
Crude Oil	3.06%
Heating Oil	13.99%
RBOB Gasoline	3.36%
Natural Gas	39.86%

Metals

With the economy booming, the industrial metals exploded. The precious, not that much. Still, all positive.

Asset	Gain/Loss
Copper	26.22%
Sivler	1.38%
Gold	9.82%
Palladium	54.39%
Platinum	0.85%

Currencies

Drastic moves (10% for a currency is a lot). The theme being the US dollar losing value.

Asset	Gain/Loss
Euro	10.46%
Japanese Yen	1.49%
British Pound	7.36%
Swiss Franc	0.63%
US Dollar Index	8.44%
Canadian Dollar	5.57%
Australian Dollar	7.86%

Softs

Some pretty drastic moves in both directions. Lumber is close to all time highs, for example.

Asset	Gain/Loss
Coffee	19.18%
Cotton	13.82%
Cocoa	15.37%
Orange Juice	24.78%
Sugar	27.23%
Lumber	50.08%

Grains

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.

Asset	Gain/Loss
Oats	6.57%
Corn	12.14%
Soy Beans	8.01%
Soy Bean Meal	4.94%
Soy Bean Oil	7.30%
Wheat	14.74%
KC Wheat	17.00%

Meats

Just for completeness.

Asset	Gain/Loss
Lean Hogs	0.39%
Live Cattle	8.63%
Feeder Cattle	15.11%