This has been a bad month for stocks – so bad that you might not want to look at your portfolio any more.
Geopolitics aren’t exactly playing along either. Jamie Dimon, the chief executive officer of JPMorgan Chase & Co., and an influential voice on markets,is suffering only a few scrapes. Over the past month, to Oct. 13, the Readers’ Portfolio is down 4.2 per cent . Yup, that lags major indexes and the Readers’ Portfolio. If one reason for starting this challenge was to illustrate how difficult it is to outperform major indexes consistently, then chalk up our failure as a rollicking success.
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