It’s harder these days to find reasons for stocks to rise. But the recent 5,000-point market plunge, and seemingly daily swings, when consumers are still spending and the unemployment rate is at historical lows, has more and more people thinking that it’s not the economy that is broken but the…
Investors appear to be losing faith in an economy that does not yet appear to be losing steam.
For the first time since late 2015, cyclical stocks are all of a sudden the market’s biggest losers. The Vanda Cyclicals-Defensives US index, which as the name suggests measures the relative…