The S&P By Sectors in 2013

Here’s a look at how the different S&P 500 sectors performed last year. The big winner was Consumer Discretionary followed closely by Healthcare.

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Industrials and Financials also did well. A little over a year ago, I tweeted, “I suspect an investor could buy the $XLF, then play video games for 12 months and easily beat most money managers in 2013.” That turned out to be right.

The lagging sectors were the safe havens — utilities and telecom. As I’ve said, this was the Fear Bubble deflating itself.

Posted by on January 2nd, 2014 at 11:23 am


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