(Sectors) vs. SPY

A view of several US stock market sectors vs. the broad SPY, which includes most or all of these sectors to one degree or another. These are weekly charts and they show the ongoing relative trends. As you can see Financials, Energy, Industrials and Materials are chronic under performers. This is largely due to the collapse in long-term interest rates, as these ‘reflationary’ sectors (especially … Continue reading (Sectors) vs. SPY