Market management is shifting. Right here’s why traders ought to listen
The market, as we all know, is seductive, luring its members skillfully till they’re as hooked as the ocean bass that may’t resist the shimmering flies we forged at them on Buzzards Bay.
These bass get thrown proper again (about 99% of them, anyway), and the dregs of 1 market can, and sometimes ought to, rise once more. Let’s take, for instance, the efficiency of the know-how sector, which fell from grace to shame on the finish of 2020.
Because the desk reveals, the strongest sector final 12 months, know-how, has been the weakest this 12 months, because the halo impact for digitally dominant world gamers throughout the pandemic wore off, and vaccines provided a highway to redemption for 2020’s losers.
The shares of reopening teams, similar to airways, accommodations, power, financials, and industrials started to rally exhausting in late 2020 as…