A high beginning valuation coupled with a low rate of cyclical growth produced scant capital gains. (fastgraphs.com)
We expect this rotation to persist and continue to advocate that investors underweight bond market proxies, like utilities, instead favouring cyclical growth companies, which should benefit from a stronger economy (blackrockblog.com)
This needs to be addressed regardless (recently announced restructuring is obviously insufficient), but the substantial adjustment in pelt prices will restrict supply & stimulate demand — and longer - term, the fur industry continues to grow, and Saga still strikes me as a genuine cyclical growth stock. (wexboy.wordpress.com)