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!
I’m actually loving the topic/design of your world wide web internet site. Do you ever run into any net browser compatibility concerns? A little quantity of my weblog viewers have complained about my site not doing work accurately in Explorer but seems…
I’m actually enjoying the style and layout of your blog. It is a extremely easy on the eyes which can make it much a lot more nice for me to arrive right here and go to a lot more usually. Did you retain the services of out a developer to create your t…
Hey there, I believe your web site might be possessing browser compatibility problems. When I appear at your web site in Safari, it seems wonderful but when opening in Web Explorer, it has some overlapping. I just wished to give you a quick heads up! O…
Hello just wanted to give you a quick heads up and permit you know a handful of of the photographs are not loading accurately. I’m not confident why but I believe its a linking issue. I have tried out it in two diverse world wide web browsers and each…
Admiring the determination you place into your site and in depth data you offer. It’s wonderful to arrive across a blog each and every once in a although that isn’t the exact same aged rehashed data. Wonderful read! I’ve bookmarked your internet site a…
Compose more, thats all I have to say. Virtually, it appears as however you relied on the online video to make your level. You obviously know what youre speaking about, why squander your intelligence on just publishing films to your site when you could…
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.
خرید vpn
I’m actually loving the topic/design of your world wide web internet site. Do you ever run into any net browser compatibility concerns? A little quantity of my weblog viewers have complained about my site not doing work accurately in Explorer but seems…
خرید کولر صنعتی
I’m actually enjoying the style and layout of your blog. It is a extremely easy on the eyes which can make it much a lot more nice for me to arrive right here and go to a lot more usually. Did you retain the services of out a developer to create your t…
خرید کولر صنعتی
make sure you pay a visit to the internet sites we stick to, this sort of as this a single certain, as it represents our picks via the web
خرید کریو
Hey there, I believe your web site might be possessing browser compatibility problems. When I appear at your web site in Safari, it seems wonderful but when opening in Web Explorer, it has some overlapping. I just wished to give you a quick heads up! O…
تبلیغات در گوگل
right here are some hyperlinks to net webpages that we link to for the reason that we believe they may possibly be genuinely value browsing
tam
[…]please check out the web sites we comply with, including this one particular, because it represents our picks through the web[…]
خرید وی پی ان
[…]please visit the web pages we stick to, like this one, because it represents our picks through the web[…]
تبلیغات در گوگل
Sohan is also being accused of leaving the jurisdiction in December very last yr without permission.
تبلیغات در گوگل
Hello just wanted to give you a quick heads up and permit you know a handful of of the photographs are not loading accurately. I’m not confident why but I believe its a linking issue. I have tried out it in two diverse world wide web browsers and each…
Black white red blue karate pants cotton polyester
[…]here are some links to sites that we link to since we think they are worth visiting[…]
تبلیغات در گوگل
Admiring the determination you place into your site and in depth data you offer. It’s wonderful to arrive across a blog each and every once in a although that isn’t the exact same aged rehashed data. Wonderful read! I’ve bookmarked your internet site a…
تبلیغات در گوگل
Many thanks once again for the website publish.Genuinely thank you! Great.
تبلیغات در گوگل
Compose more, thats all I have to say. Virtually, it appears as however you relied on the online video to make your level. You obviously know what youre speaking about, why squander your intelligence on just publishing films to your site when you could…
خرید کریو
Here are numerous of the web internet sites we recommend for our site visitors
Rbx.exchange
[…]always a big fan of linking to bloggers that I really like but do not get a lot of link enjoy from[…]