Citi’s latest Monday Morning Musings report, authored by analysts Tobias M Levkovich, Lorraine M Schmitt and Christina Wood, notes how differently the S&P 500 sectors have performed in 2013 compared to expectations at the beginning of the year. How S&P 500 sectors performed YTD In the chart below, the Health Care sector has clocked the highest percentage change of 37.99, a performance few would have expected. However, Consumer Discretionary turned in a predictable return considering that so much money exited bonds and found this a logical alternative – also helping was the recovery in the economy, of course, and more consumers’…
S&P 500 Sector Leadership 2013 ‘A Bit Wild,’ Says Citi
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.