In a world of competing stock market narratives, only one is holding true

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If you're searching for a consistent message from the markets, good luck.

Investors are sticking with a narrow group of stocks with strong earnings that are in the bag, and ignoring everything else. "Investors generally like a narrative that's really clear. Right now, there are a lot of multiple narratives in place," Fundsrat's Managing partner Tomas Lee said Tuesday on CNBC's " Worldwide Exchange ." You can say that again. In place of a single narrative, there is a string of contradictory competing narratives.

Cyclicals in 2023: no outperformance here S & P 500 up 13% Industrials up 5% Materials up 1% A slower economy should help value stocks, but value is dramatically underperforming growth on the year, and even in the last few months. Growth vs.

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