Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
While investors can celebrate the annual returns generated by the broad stock market averages in 2025, the underlying trends were less favorable. Industry price performance proved inconsistent, and in some cases, disappointing. While there was a clear shift toward defensive sectors in the latter half of the year, the growth segments that dominated in the first and second quarters preserved their market leadership at year’s end.
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The Rabid Capitalist 
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