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S&P 500’s Winners & Losers
1 min read
The S&P 500 is down 5.8% ytd. Under the circumstances--e.g., war in Ukraine,
continued supply-chain difficulties, high inflation, Fed in tightening mode,
rising bond yields, and recession fears--that's not too bad. However, when we
look under the hood, only four of the S&P 500's 11 sectors are up ytd: Energy
(43.3%), Utilities (7.5), Consumer Staples (2.3), and
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Ed Yardeni
