“If you can’t explain it simply, you don’t understand it well enough.” – Albert Einstein
Where are we, at the end of December 2021?
The funds that led the way in November lagged badly in this month. The great development is that the smaller companies led the way, which is a HEALTHY development. No healthy bull market can long persist without leadership from small companies. We have inflation and that’s not to be preferred but the stock market is not unhappy about it, even if personal incomes are upset and disrupted. Technology fell very flat, and there is evidence that it may finally be falling back, moving out of favor. Money seems to be moving toward so-called “value” plays, where dividends and income are strong. We’ll be watching this trend. Our dividend stocks did well.
How Did the Markets and Our Funds Do in December 2021?