Miner Company
The Odd Couple Of 2026: Cyclicals And Defensives
Investors are rotating away from tech and into cyclical and defensive sectors like energy, materials, industrials, staples and utilities – all of which are outperforming their high-flying tech peers year-to-date. The knock-on effect of this trade can also be seen among style factors, with value easily outperforming both growth and quality over the same time period.
Investors are rotating away from tech and into cyclical and defensive sectors like energy, materials, industrials, staples and utilities – all of which are outperforming their high-flying tech peers year-to-date. The knock-on effect of this trade can also be seen among style factors, with value easily outperforming both growth and quality over the same time period.