In any severely beaten down economy we can't expect fast and sudden recovery.Some sectors are doing well above general consensus of global economists.Some of them are financial, commodity and material sectors.But stocks classified as industrial are up 27% in the last three months, beating the broader Standard & Poor's 500-stock index by more than six points,which is closely linked to industrial activity.
We are all expecting "U SHAPED" recovery.So it is quite natural that some sectors would under perform.We can't overrule the possibilities of some muddy data in coming months.
But one should use them as chance to buy industrial stocks for long term wealth creation.
