FYI: The U.S. stock market has rallied into slightly positive territory for 2016, bouncing back from an early-year swan dive.
How are your funds doing? Goldman Sachs’ U.S. stocks guru, David Kostin, crunches the numbers on mutual and hedge fund performance year to date. One would think that massive stock swings would be a stockpickers’ dream. Higher volatility tends to create greater dispersion between winners and losers. A wide array out stock moves is generally more conducive to stockpicking and long/short funds because fundamentals get play out a bit more, unlike during bull-market rallies, when stocks tend to march higher in together
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2016/03/21/wheres-the-beef-the-sp-500-is-beating-mutual-and-hedge-funds-in-2016/tab/print/
Comments
Michael
If you format your inquiry to Ted as @Ted it will register in his notifications and might provide a quicker response. I'd like to know the answer to your question as well.