In April, our net weighted average return in was +3.45%. Our net average return for the month by strategy:
Through the first four months of 2021, our net weighted average return was +6.62%. Since 2015, we have generated a net weighted average return of +64.62%.
An optimistic earnings season
In the US, the strong improvement in the economic and business outlook has been a common theme in management earnings commentary. Depending on their state of reopening, managements range from optimistic that pent-up demand will jump-start growth to confident that the currently strong strides in recovery will continue. Even those in particularly COVID-sensitive sectors, like airlines, are confident that demand will bounce back once all restrictions are lifted.