Sell Growth & Buy Cyclicals
The Broad Market Index was down 0.51% last week and 51% of stocks out-performed the index. Q2 2021 hedge fund letters, conferences and more This is the last update for financial statements from U.S. companies for the second quarter of 2021. Quite a remarkable juxtaposition to the implosion of sales that the virus brought on us last year. Strong Autos & HousingCorporate growth has been invigorated by the ultra-loose money policy that has been prescribed as the solution to the virus crisis. Today’s financial data reveals that, behind the wave of improvement, is a strong automobiles and housing i...