Low - sensitivity states tend to have a large amount agriculture, resource extraction,
financial sector concentration, or Federal government work.
Not exact matches
The task of rhetoric is to divert attention from the fact that the
financial sector aims not to «free» markets, but to place control in the hands of
financial managers — whose logic is to subject economies to austerity and even depression, sell off public land and enterprises, suffer emigration and reduce living standards in the face of a sharply increasing
concentration of wealth at the top of the economic pyramid.
The policy of giving money to the wealthiest
sectors — these days the
financial sector — turns the trickle - down economy into a euphemism for the
concentration of wealth.
Wong is a bottom up investor, so
sectors don't matter as much to him as company fundamentals, though his portfolio does have a higher
concentration of
financials, information technology and consumer discretionary stocks.
In a recent column, The Globe & Mail's Rob Carrick (see Beware the limitations of buying the index, May 11, 2012) pointed out that investing in just the TSX Composite index might leave an investor with an unbalanced portfolio because of the index's
concentration in just three
sectors:
financials, energy and materials.
This degree of
concentration is also apparent from a
sector perspective, with a fifth of the yield of the global MSCI High Dividend Yield Index coming from
financials alone.
The fund, which has outperformed its peers in each of the past five years, includes a significant
concentration of high - yield securities in the
financial and natural resources
sectors.
Since the portfolio is highly exposed to companies in the
financial sector,
concentration risk is an important aspect to consider.