This was a clear sector to be avoiding
This was a clear sector to be avoiding or at least massively underweight. Price was making absolutely zero progress, there was no clear trend for the first half of 2017 and a downtrend for the back half of 2017, and 80% of other major sectors were busy going up. Unless a money manager or fund's goal was to lose their clients money, this was not a sector that they were overweight in 2017.
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