Global Return Asset Management December 2019 Commentary

Global Return Asset Management commentary for the month ended December 31, 2019. Q4 2019 hedge fund letters, conferences and more Dear Friends and Partners, In December we generated a net return of 1.1%.1 For the full year, we generated a net return of 40.6%.1 We ended the month with 27% of assets in Cash and a Net Market Exposure of negative 40%. The 5 Most Important News Stories of 2019 News is everywhere. It’s become the oxygen of our daily lives. And because we’re creatures of habit, it’s easy to get stuck reading the same headline news about whatever crisis-dejour…