YtD Sector Performance corroborates higher rates (
TNX).
Top performers show real economy strength,
XLF, 
XLE, 
XLI and 
XLK (55%
holdings in megacap/AI w great balance sheets that are less sensitive to higher rates).
Note performance ofXLF v 
KRE, and XLK v $ARKK...
These are rates trades.
Individual stocks allow equities investors to gain other exposures and fine tune their portfolios.
But most of the attribution here is from rates.
We are all rates traders.
TNX). Top performers show real economy strength,
XLF, XLE, XLI and XLK (55%holdings in megacap/AI w great balance sheets that are less sensitive to higher rates).
Note performance of
XLF v KRE, and XLK v $ARKK...These are rates trades.
Individual stocks allow equities investors to gain other exposures and fine tune their portfolios.
But most of the attribution here is from rates.
We are all rates traders.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.