The pundits who watch bubblevision see the S&P 500 going to new nominal highs, while those who watch the tapes know better – that we are exactly where we were 10 months ago,. Since that time, all your portfolio has done is pick up the dividend – the total return in the stock market is just 2 per cent. Go to the bond market, and the 10-year T-note has generated in excess of a 10-per-cent total positive return in the same time frame.
Even within the S&P 500, the sector composition has a recessionary feel to it. Since first hitting 2,900 back in August of last year, the best-performing sectors have by far been the ones you want to own in a lower growth/lower rate environment – utilities , real estate , consumer staples , and communication services . The sectors that have lagged the most – in fact, declined outright – were energy, materials, financials and industrials.
globeinvestor You shouldn’t be allowed to do this.
globeinvestor Trudeau paid 4.5 billion of our money to endure Canada NEVER gets another pipeline
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: VancouverSun - 🏆 49. / 61 Read more »
Source: CTVNews - 🏆 1. / 99 Read more »
Source: CTVNews - 🏆 1. / 99 Read more »