U.S. Stocks – Cyclicals vs. Defensives

U.S. Stocks – Cyclicals vs. Defensives Cyclicals and defensives are reliable indicators of investor sentiment. Anticipated economic growth prompts investors to favor cyclicals, resulting in their outperformance over defensives. Image: Goldman Sachs Global Investment Research

MSCI Cyclicals/Defensives Ratio

MSCI Cyclicals/Defensives Ratio Is it still too early for investors to favor cyclicals over defensives? Image: The Daily Shot

Cyclical Value vs. Defensive Value

Cyclical Value vs. Defensive Value Energy and financials are expected to outperform the S&P 500 as the recovery continues. Image: Topdown Charts