....I had pointed this for awhile now, to not be blindsided by following the indices
....do not be surprised that this can continue on into 2025, with selective tech underpinning the US market.
....quite clearly it is a K economy & market. The widening divide between the leaders and laggards.
....when the leaders rally ends, we get the major correction/crash.
The S&P 500 is down 1.0% in December but most of the sectors have been in a carnage:
Energy -10.7%
Materials -9.9%
Real Estate -8.9%
Utilities -7.6%
Industrial -7.0%
Healthcare -5.3%
Financials -4.6%
Consumer Staples -4.0%
