Published November 25, 2016
Many investors are astounded by the nearly vertical move higher in stocks since the election. Below are a couple of commentaries from high-profile money managers that shine a light on what is behind the sharp move higher in stocks. As we’ve pointed out the past couple of weeks, the move upward in stocks has been dominated by certain sectors – e.g. finance, industrial – while other sectors have suffered – e.g. anything income-oriented + bonds. (more…)