Week #11 YTD Race Results Lipper Alternative Global Macro Mutual Fund Ave....+2.66% Lipper Alternative Credit Mutual Fund Ave...+1.37% QAI...+.1.22% JUCIX...+.75% DBLTX...+.53% BND...(.24)% Sea Wolf (.75)% CAT...(.3.20)% one month lag Horseman Global (7.04)% one month lag Big 'sell the news' shorting the long-bond as long-term interest rates decline as short-term interest rates climb.