“Overall, [consumer] net worth is up 47% over the past 5 years,” says Eric Sterner, though he warns that low-income consumers are struggling. He favors materials and industrials, saying both will benefit no matter who wins the U.S. election. He thinks there’s a lot to like about small-caps but notes that they have underperformed vs the broad market.
The Watch List
17 Oct 2024
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