V2 Model November 5, 2022 UPDATE

Will We Stay The Course?

November 05, 2022

Recap

Markets reveresed their short term uptrend this week and closed lower. The prime driver was Jerome Powells statement on Nov. 2, "The historical record cautions strongly against permaturely loosening policy. We will stay the course unitl the job is done."

The V2 Model Portfolio was down very this week but we continue to outpace our benchmark of the SP500 by 23%.

Performance This Week / YTD

V2 -4.40% / -1.32%

SPY -3.26% / -19.85%

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