First Half Market Behavior
Despite the political drama and other fear-inducing events that have occurred this year, the stock market has been fairly strong this year. This strength, however, has not been uniform. MORE: Year to Date Market Summary Below are some charts illuminating some of the trends and dispersion within the market so far this year:
-- Dividend paying stocks have lagged this year, while growth stocks have outperformed. I believe this is due to several factors, including an increased appetite for risk, dividend heavy sectors experiencing fundamental weakness and the perception of higher interest rates on the horizon.