Take your pick
The key to stockmarket success is avoiding the worst sectors
THE collapse in the oil price is a useful reminder for investors that it helps to pick the right industries. As of December 2nd, global energy stocks were down 8.7% on the year, lagging nearly 31 percentage points behind returns in the best-performing sector of the year, health care.
This article appeared in the Finance & economics section of the print edition under the headline “Take your pick”
From the December 6th 2014 edition
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Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
American veterans now receive absurdly generous benefits
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Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer