USL has superior cost, performance, and correlation characteristics than its more popular counterpart.
Strategies
3481 posts
While institutional managers are often sharper than the average investor, they can be every bit as prone to herding behavior.
Skepticism regarding accounting practices has brought down these strong names along with the weaker.
Earnings season has started quite strong and the recent developments in Europe should keep bears in check.
Equity valuations, while still attractive, are no longer the bargain they were back in August and September.