Source: Capital & Conflict
BALTIMORE – The big news last Friday was that the Dow hit a new record of over 25,000.
We’ll get to that in a minute… we’re still looking over our shoulders at last year’s performance.
Let’s see, the top-performing U.S. stock market sector last year was technology.
An investment in the top 100 Nasdaq stocks went up 34%.
Then came a list of also-rans – from the Dow (up 28%)… to the S&P 500 (up 22%)… to the energy sector (down 4%)… all the way down to the worst-performing sector, natural gas (down 44%).
Our Reversion to the Mean (R2tM) portfolio gained 33% last year – not bad for such a simple strategy.
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