Musings
September was full of mixed signals. On one hand, the S&P 500 retested its all-time high (and I had a killer +4.5% month). On the other hand, the wall of worry for this long economic expansion has never seemed more daunting (trade wars, impeachment, earnings recession, etc).
As a pleasant change for those of us in the value/dividend space, September 2019 was the first time (in a long time) that value stocks really soared.
Source: S&P Dow Jones Indices
Personally, I expect defensive position outperformance to continue through this next phase of the market,