Cyclical Stocks Are Staging Comeback

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Shares of economically sensitive companies like manufacturers, energy companies and banks are powering the latest leg of the stock market’s rebound

The industrials and energy sectors logged the biggest gains in the S&P 500 last week, while the financials group also rallied.

It was a rare period of outperformance in what has otherwise been a punishing year for cyclical stocks and marked the first time since early January that industrials were the top performing group.

 

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for years the top-10 at any of those companies have padded their own wallets sumptuously !!! … would we all smile to see those moneygrubbers start buying hamburger and hot dogs instead of champagne and caviar ?

RT : Shares of economically sensitive companies like manufacturers, energy companies and banks are powering the latest leg of the stock market’s rebound

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