Ed Mamula.com

On balance, the systems are moving out of emerging markets (VWO), and into foreign developed (EFA) and REITs (VNQ).  There seems to be very little going on in terms of interesting variations among the flavors of the systems, except for the fact that the Vanilla benchmark system is increasing its allocation to VWO and abandoning VNQ, which is the opposite of what most of the other systems have done.

January was great, February was okay, and March was a mild disappointment.  February, March, and year to date results coming soon.

Well now, here’s an interesting thing…practically all of the models have converged on US stocks and Emerging Market stocks.  Most of the models are shifting away from REITs and allocating more to emerging markets.  So much for seven flavors!  I have also noticed the underperformance of the Russell 2000 compared to the S&P 500 over the last two weeks and have been tempted to shift my US allocation from IWM to SPY, but I have not done so.  It looks like February will close in the black in my live accounts…full details to come.