CQA - CTA Challenge Insights September 2021 U.S. equities sold off in September, recording the worst month since the height of the pandemic fears in March of 2020. Fears of inflation along with central banks indicating policy will not…
The Coquest 40 Index finished September up +0.50%%, bringing YTD performance to +6.73%. U.S. equities sold off in September, recording the worst month since the height of the pandemic fears in March 2020. Fears of inflation along with central banks…
The Coquest 40 Index finished August up +0.02%%, bringing YTD performance to +6.20%. Major geopolitical events, the Delta variant, and the devastation caused by Hurricane Ida dominated headlines in August. Despite all this, European and U.S. equities continued their grind…
The Coquest 40 Index finished July up, +0.44%, bringing YTD performance to +6.18%. The Delta variant was the major concern for market participants in July as infections increased across the globe. The reflation again took a hit as investors moved…
The Coquest 40 Index finished June down, -0.38%, bringing YTD performance to +5.71%. In June, existing trends in the U.S. dollar, fixed income, and broad-based commodities reversed, causing losses for many strategy types. Risk assets finished higher, and yields crept…
The Coquest 40 Index finished May up +1.46%, bringing YTD performance to +6.11%. May saw equity markets finish slightly higher despite CPI numbers rising at their fastest pace in over 12 years. Broad commodity markets fared well, while continued dovish…
The Coquest 40 Index finished April up +1.76%, bringing YTD performance to +4.59%. The global economic recovery continued to accelerate in April as equity and commodity markets trended higher off the back of accommodative monetary and fiscal policies and increased…
The Coquest 40 Index finished March up +1.34%, bringing YTD performance to +2.78%. Risk assets finished higher in March due in part to increasing vaccine distribution and expectations around the Biden administration’s trillion-dollar infrastructure plan. Trend following constituents make up…
The Coquest 40 Index finished February up +2.35% bringing YTD performance to +1.42%. Inflation risk, economic reopening, and vaccine distribution dominated headlines in February as the yield curve steepened and reached levels not seen in years. Risk assets were able…
The Coquest 40 Index finished January down 0.91%. Risk assets continued to rally during the first half of the month, but optimism around the Biden stimulus package and COVID-19 vaccine distribution began to fade towards the end of January causing…
The Coquest 40 Index ended December up, 3.77% and finished the year up, 0.97%. Risk assets rallied, bolstered by increased stimulus in the U.S. and deployment of the COVID-19 vaccine. The weakening U.S. dollar trend continued to persist, which also…
The Coquest 40 Index finished November up 0.88%, bringing YTD performance to -2.69%. Global equity markets posted strong gains during the month, as positive COVID-19 vaccine news pushed the S&P 500 to fresh all-time highs. Trend following constituents make up…
The Coquest 40 Index finished October down -0.32%, on a weighted average basis as U.S. equities reversed at the end of the month due to increases in COVID-19 cases, contested U.S. election concerns and failed stimulus. Trend following constituents make…
The Coquest 40 Index finished September down -1.46%, on a weighted average basis, as U.S. equities reversed aggressively during the beginning of the month due to election and stimulus uncertainty. FX strategies were the only bright spot, as performance was…
The Coquest 40 Index finished August down, 1.13%, on a weighted average basis. US equities continued to drive higher as the S&P recorded its best August in over 30 years. Performance was negative across all strategy buckets. Trend following constituents…
The Coquest 40 Index finished July up 1.91%, on a weighted average basis. US equites finished higher due to positive earnings from major technology companies, despite significant declines in second quarter GDP’s across the globe. Performance was positive across all…
The Coquest 40 Index finished June down 1.28%, on a weighted average basis. Fiscal and monetary policies were able to lift equity markets higher in developed countries despite increases in infection rates and lackluster economic data. Performance was negative across…
The Coquest 40 Index finished the month of May down 1.17%, on a weighted average basis. Re-opening of major economies coupled with stimulus packages from Japan and the EU buoyed equity markets for the month. Despite the broad equity rally,…