Maybe the Economy Isn’t So Dead Yet

Today’s action:
Morgan Stanley Cyclical Index (CYC) +2.24%
Morgan Stanley Consumer Index (CMR) -0.27%
That’s a huge spread for one day, but I doubt it will last. I still think the cyclicals will underperform the market for a long stretch.

Posted by on January 14th, 2008 at 4:01 pm


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