Another year in the books and I’ve updated my Investing Fads and Themesby Year guide accordingly. It begins with 1996 because that was my first summer working on The Street and my earliest exposure to the market.
So what was 2011 about?
Well, it was basically about Risk-On Risk-Off. Stocks were the most correlated they’d been in 80 years and by the fall it was shown that 84% of S&P 500 stocks were moving in the same direction as the S&P 500 each day.
This meant that investors could skip out on doing intense stock-specific research and just focus on getting the market right. In order to get the market right, one needed to pay closer attention to the euro versus the dollar more than anything else. When the euro was in favor, so were stocks and risk assets, when the dollar was in favor, stocks and commodities were schmeissed almost universally.
This seesaw arrangement meant paying attention to the headlines coming out of Europe – and none were more important than those mentioning Angela Merkel. As the chancellor of the Euro’s strongest economy (and shotcaller), Merkel has held the key to whether or not Europe’s monetary union and common currenc y would survive. We still don’t know as of this posting.
Dividend stocks were all the rage this year as interest rates remained low and bond yields remained paltry. This was easy to foresee and many of us positioned in the highest-yielding and most consistently paying sectors. The big winners this year were those who overweighted Healthcare, Telecommunications, Consumer Staples and Utilities.
Social media IPOs were also a major trend this year – on the bull side and the bear side. I correctly predicted this at the end of 2010 and I was not disappointed with the hype and headlines of these deals. LinkedIn, Groupon, Pandora and Zynga were the most talked about deals of 2011. Spectacular opening valuations gave way to gravity for many of them but the incessant interest in them has not yet abated. Besides, Facebook and Twitter are still waiting in the wings.
Anyway, here is my updated guide to the Investing Fads and Themes by Year, 1996 – 2010. Enjoy!
Admiring the commitment you place into your website and in depth data you offer you. It is amazing to occur throughout a blog each and every when in a whilst that isn’t the very same outdated rehashed data. Wonderful read! I’ve bookmarked your internet…
If you are going for most exceptional contents like myself, just go to see this internet site each day because it gives characteristic contents, many thanks
Do you have a spam issue on this weblog I also am a blogger, and I was curious about your situation a lot of of us have developed some wonderful practices and we are hunting to trade techniques with other individuals, why not shoot me an e-mail if fasc…
Fantastic story, reckoned we could combine numerous unrelated information, nonetheless really really worth using a search, whoa did 1 distinct master about Mid East has received a good deal more problerms also
Greetings from Colorado! I’m bored to death at function so I made the decision to look through your website on my iphone in the course of lunch split. I truly like the details you give below and simply cannot hold out to just take a appear when I get p…
Hey there! I not too long ago noticed your internet site and I surely appreciate it. I really like to talk about omega xl from time to time. Very good to be about, many thanks a good deal!
I absolutely love your blog and uncover a good deal of your post’s to be precisely I’m looking for. Does one particular offer guest writers to compose content material available for you? I would not brain generating a publish or elaborating on a handfu…
Do you have a spam difficulty on this website I also am a blogger, and I was curious about your predicament several of us have designed some great procedures and we are searching to trade tactics with others, why not shoot me an e-mail if interested.
Do you have a spam issue on this weblog I also am a blogger, and I was curious about your circumstance numerous of us have developed some wonderful procedures and we are looking to trade techniques with other folks, why not shoot me an e-mail if intrig…
Appreciating the time and energy you put into your site and in depth data you offer. It is great to occur across a site each and every as soon as in a although that is not the identical undesired rehashed data. Superb read through! I have saved your we…
[…]we prefer to honor lots of other internet web-sites on the internet, even when they arent linked to us, by linking to them. Underneath are some webpages worth checking out[…]
I’m a New York City-based financial advisor at Ritholtz Wealth Management LLC. I help people invest and manage portfolios for them. For disclosure information please see here.
Subscribe & Reform
Get a Full Investor Curriculum: Join The Book List
Every month you'll receive 3-4 book suggestions--chosen by hand from more than 1,000 books. You'll also receive an extensive curriculum (books, articles, papers, videos) in PDF form right away.
freddy kalhoty
[…]just beneath, are a lot of entirely not associated web pages to ours, nonetheless, they’re certainly really worth going over[…]
رفع ارور 1009
Admiring the commitment you place into your website and in depth data you offer you. It is amazing to occur throughout a blog each and every when in a whilst that isn’t the very same outdated rehashed data. Wonderful read! I’ve bookmarked your internet…
خرید کولر صنعتی
If you are going for most exceptional contents like myself, just go to see this internet site each day because it gives characteristic contents, many thanks
تبلیغات در صفحه اول گوگل
Do you have a spam issue on this weblog I also am a blogger, and I was curious about your situation a lot of of us have developed some wonderful practices and we are hunting to trade techniques with other individuals, why not shoot me an e-mail if fasc…
رفع ارور 1009
Fantastic story, reckoned we could combine numerous unrelated information, nonetheless really really worth using a search, whoa did 1 distinct master about Mid East has received a good deal more problerms also
رفع ارور 1009
It is going to be end of mine working day, even so just before finish I am reading this wonderful publish to boost my knowledge.
تبلیغات در صفحه اول گوگل
Greetings from Colorado! I’m bored to death at function so I made the decision to look through your website on my iphone in the course of lunch split. I truly like the details you give below and simply cannot hold out to just take a appear when I get p…
خرید کولر صنعتی
Hey there! I not too long ago noticed your internet site and I surely appreciate it. I really like to talk about omega xl from time to time. Very good to be about, many thanks a good deal!
رفع ارور 1009
I absolutely love your blog and uncover a good deal of your post’s to be precisely I’m looking for. Does one particular offer guest writers to compose content material available for you? I would not brain generating a publish or elaborating on a handfu…
hugo scully anal sex
[…]always a huge fan of linking to bloggers that I really like but dont get a good deal of link enjoy from[…]
vpn ایفون
Do you have a spam difficulty on this website I also am a blogger, and I was curious about your predicament several of us have designed some great procedures and we are searching to trade tactics with others, why not shoot me an e-mail if interested.
تبلیغ در گوگل ادوردز
Do you have a spam issue on this weblog I also am a blogger, and I was curious about your circumstance numerous of us have developed some wonderful procedures and we are looking to trade techniques with other folks, why not shoot me an e-mail if intrig…
PHP login script
[…]Here are a number of the websites we recommend for our visitors[…]
vpn ایفون
Appreciating the time and energy you put into your site and in depth data you offer. It is great to occur across a site each and every as soon as in a although that is not the identical undesired rehashed data. Superb read through! I have saved your we…
persian tar
[…]we prefer to honor lots of other internet web-sites on the internet, even when they arent linked to us, by linking to them. Underneath are some webpages worth checking out[…]