Incline Investment Management - Tahoe Fund, LP - November 2021
Summary
Market volatility increased sharply at the end of November as the Omicron variant of the coronavirus took center stage. Fear of new lockdowns sunk the energy sector and sent oil prices lower by more than 20%. In addition, stocks and commodities fell sharply while bonds surged as investors fled risk assets. The broad Bloomberg Commodity Index (BCOM) lost 7.31% while the more heavily energy weighted GSCI (formerly Goldm