Last year was the worst year for the U.S. stock market since the 2008 financial crisis.
Of course, even in a down year, some things do well. Trading is a zero-sum game. If some people lose money, others make it.
Visualcapitalist put together a great visualization of the winners and losers of 2022.
Click to see full size via visualcapitalist
It's very easy to see what sector won in 2022 … Energy. While the Fed raised interest rates seven times, Russia invaded Ukraine, and the supply chain continued to struggle, Energy still saw a massive boon.
Perhaps unsurprisingly, several healthcare companies did well – specifically larger pharma companies.
On the other side of the balance, tech stocks languished in 2022. Across the board, the largest tech companies lost 20% and more. Real estate also suffered heavily with high-interest rates, uncertainty in the marketplace, and a generation of workers who are unsure if they'll ever own a home.
Do you think these trends will continue or reverse in 2023? History says "no" … but time will tell!
Leave a Reply