Institutions may well be structurally underweight North America but the US market itself shows no si...
Institutions may well be structurally underweight North America but the US market itself shows no signs of caution, rewarding growth companies and punishing the defensives Utilities and food companies have suffered this year while telecoms have done well. Heinz saw its share price fall by 21.25% in dollar terms in the 12 months to 2 November while the S&P 500 rose by 22.16% in the same period The utilities sector is also relatively out of favour with one of the factors being the slow progress of deregulation among the regional electricity companies. The S&P Electric Companies Index down b...
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