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Richard Bailey
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Richard D Bailey is the founder of, a website devoted to examining global and national political and economic events. He is also the publisher/manager of The Phantom Fund, a hypothetical investment fund which benchmarks Politinomics' investment thesis against recognized market... More
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  • Phantom Fund UP In May. DJIA, S&P 500, NASDAQ Down Sharply For Month 0 comments
    Jun 1, 2012 3:06 PM | about stocks: FXE, GLD, UUP, DHR, NVMI, PH, TRS

    May was a horrific month for the markets. But The Phantom Fund was in the black. Here are the summary results;

    May 2012

    DJIA - down 6.21%

    S&P 500 - down 6.23%

    NASDAQ- down 7.13%

    Phantom Fund - UP 0.37% net of fees.

    Learn more at

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: macro, china, europe Stocks: FXE, GLD, UUP, DHR, NVMI, PH, TRS
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