For Asset Managers Growth Stocks Are Out, Energy Is In: BAMLMichelle Jones
The S&P 500 continues its steady downward march this week after ending last week in the red. On Wednesday alone the index dropped off sharply, falling more than 2% in a single trading day. Meanwhile investors continue to reposition their portfolios as it's looking more and more like growth and Tech stocks are going out of style while Energy is finally starting to attract attention after months of disfavor.
Most U.S. stock sales racked up in months
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