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!
Greetings from Colorado! I’m bored to dying at operate so I decided to browse your site on my iphone in the course of lunch break. I really like the data you offer below and can’t hold out to consider a appear when I get home. I’m astonished at how rap…
Does your website have a contact webpage? I’m having a difficult time locating it but, I’d like to shoot you an e-mail. I’ve acquired some imaginative suggestions for your blog you may be intrigued in listening to. Either way, excellent weblog and I se…
[…]we like to honor quite a few other web websites on the net, even though they arent linked to us, by linking to them. Under are some webpages really worth checking out[…]
[…]we like to honor numerous other world wide web web-sites around the net, even when they arent linked to us, by linking to them. Beneath are some webpages really worth checking out[…]
When I to begin with commented I clicked the “Notify me when new responses are added” checkbox and now every time a comment is added I get three e-mail with the very same comment. Is there any way you can remove me from that service? Thank you!
Great website! Is your theme custom manufactured or did you down load it from someplace? A design and style like yours with a handful of basic adjustements would actually make my weblog stand out. Please allow me know where you got your layout. Bless y…
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.
دوربین مدار بسته هایک ویژن
Greetings from Colorado! I’m bored to dying at operate so I decided to browse your site on my iphone in the course of lunch break. I really like the data you offer below and can’t hold out to consider a appear when I get home. I’m astonished at how rap…
دوربین مدار بسته هایک ویژن
Does your website have a contact webpage? I’m having a difficult time locating it but, I’d like to shoot you an e-mail. I’ve acquired some imaginative suggestions for your blog you may be intrigued in listening to. Either way, excellent weblog and I se…
amanda hernandez
[…]just beneath, are various entirely not related sites to ours, even so, they’re certainly really worth going over[…]
Penis Pumps
[…]we like to honor quite a few other web websites on the net, even though they arent linked to us, by linking to them. Under are some webpages really worth checking out[…]
Tenga Hole Warmer
[…]please go to the internet sites we adhere to, including this one, as it represents our picks in the web[…]
Adam and Eve Canada
[…]we like to honor numerous other world wide web web-sites around the net, even when they arent linked to us, by linking to them. Beneath are some webpages really worth checking out[…]
buy vibrator online
[…]please visit the web sites we stick to, like this one particular, as it represents our picks in the web[…]
suction cup dildo
[…]just beneath, are a lot of totally not connected web sites to ours, on the other hand, they’re certainly really worth going over[…]
adam and eve sex toys shop
[…]usually posts some quite fascinating stuff like this. If youre new to this site[…]
adam and eve sex toys
[…]The info mentioned inside the report are several of the top offered […]
best rabbit vibrator
[…]always a large fan of linking to bloggers that I appreciate but do not get quite a bit of link appreciate from[…]
تردمیل باشگاهی
When I to begin with commented I clicked the “Notify me when new responses are added” checkbox and now every time a comment is added I get three e-mail with the very same comment. Is there any way you can remove me from that service? Thank you!
12betng
[…]one of our visitors not long ago proposed the following website[…]
Cape Town
[…]The facts mentioned in the article are some of the very best accessible […]
اسکی فضایی
Great website! Is your theme custom manufactured or did you down load it from someplace? A design and style like yours with a handful of basic adjustements would actually make my weblog stand out. Please allow me know where you got your layout. Bless y…