Positioning Update
December 2025: Return of the Dollar
November 24, 2025
After a year of struggles, the dollar looks to be an attractive investment opportunity in December.
As we enter the 2026 calendar year, the Index remains long the dollar and the committee expects higher rates.
After a year of struggles, the dollar looks to be an attractive investment opportunity in December.
A description of index positioning effective November 3, 2025
A description of index positioning effective October 1, 2025.
A description of index positioning effective September 1, 2025.
A description of index positioning effective August 1, 2025.