Despite being up 25% from December 2018 lows, Russ discusses the factors that remain supportive of the energy sector.
With the S&P 500 Index up 15% year to date, it is no trivial thing to be "beating the market." As a general rule, more defensive sectors such as healthcare, utilities and staples are trailing as more economically sensitive sectors benefit from rising, or at least less negative growth expectations.
Not surprisingly, in the current environment of "good enough," growth investors are reverting to form and favoring technology companies. What is more surprising is the dogged