ML Sectors Strategy
- Telecoms and Energy stocks fared the worst in 2017 and they are likely to be as dull in 2018.
- Utilities and energy seem to drift closer to each other as energy stocks resemble utilities stocks in many ways.
- Consumer staples, healthcare and real-estate stocks are bundled together by performance by their real estate underlying.
- But real estate sector upside could be limited in the higher rates environment.