Three Surprising Double-Digit Percentage Gainers in 2014
Almost a third of the way into the year, one thing is becoming clear: 2014 is not shaping up to be another monster year for the U.S. stock market.
For more years than Wall Street’s best and brightest care to admit, the script for investment success has been startlingly straightforward.
Throw out all of the textbooks touting the benefits of diversification across asset classes and sectors. Just bet on a U.S. stock index and your investment problems are solved.
It turns out that the simplest strategy of being “dumb and long” in the U.S. stock market trounces the most sophisticated hedge funds in the world. This year, there are signs that this script is changing.
For the first time in recent memory, the U.S. stock market is far down the global league tables of the best-performing stock markets in the world, ranking a middling 29th out of 45 so far in 2014.
Read more about three picks poised to pummel the rest of the market in 2014 at Eagle Daily Investor.