I just cannot find any economically sensitive stocks to keep a 20% weighting in cyclicals, so I will reduce the weighting to 10%, and add the rest to defensive. After such a wild run this year, I do not mind “playing defensive”. I think I can honestly say these changes were “bottom up” thinking, and not “top down”. I really wanted to find an industrial to replace Nordstrom, but I failed.
Model Portfolio Update + Consumer Staples
Model Portfolio Update + Consumer Staples
Model Portfolio Update + Consumer Staples
I just cannot find any economically sensitive stocks to keep a 20% weighting in cyclicals, so I will reduce the weighting to 10%, and add the rest to defensive. After such a wild run this year, I do not mind “playing defensive”. I think I can honestly say these changes were “bottom up” thinking, and not “top down”. I really wanted to find an industrial to replace Nordstrom, but I failed.