After a difficult December, energy emerged in the US sector rotation
As usual, let’s take a look at the performance of the sectors that make up the S&P500 and see how they have moved in the last few eventful months.
Above is a heat map of the monthly performance of the sectors that make up the main US equity index. What stands out is the different colouring of December, which was an unfavourable month for equities, with only the consumer discretionary sector closing in positive territory, driven by an excellent November. The new year, on the other hand, seems to point to a general improvement, with the energy sector currently the best performer.
