S&P 500 is down 11% over past 30 days = BRUTAL! UTILITIES sector could show signs of GOOD NEWS!!!
In this week’s Random Gleanings Jesse Hansford and Chris Beard bring the BAD NEWS that markets have been BRUTAL in the last 30 days. In the past month the S&P 500 was down 11% and 10 of 11 sectors were negative anywhere between -6.25% and -19.9%, with the energy sector up a whopping 0.49%. There is a lot of negativity right now.
BUT… in investing the story doesn’t end with what has already happened, if we can shift our focus to what may yet come. So the team digs into some several data points that are both surprising and potentially positive!
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