Friday Fast Five - 12/31/2021
by Hodges Investment Team, on Dec 31, 2021 10:00:00 AM
Five interesting things that Hodges Capital research analysts discovered this week...
#1 ACTIVE MANAGEMENT: As 2021 draws to a close, the Wall Street Journal has reported that 85% of active managers are on pace to underperform the S&P 500 this year.
#2 RETIREMENT WORRIES: Despite uncertainties associated with the pandemic, a recent study conducted by Allianz Life showed that Americans see rising inflation as the most significant risk to their retirement plans.
#3 COVID-19: The CDC has reduced the quarantine isolation time from ten days to five days this week. Although the number of new cases is now approaching record levels, the reduction in quarantine and the severity rate of new variants could be positive for travel-rated stocks in 2022.
#4 CRYPTO CRAZE: While there is no shortage of debate over cryptocurrencies such as Bitcoin, the market capitalization of the entire crypto universe has increased to more than $2.2 trillion at the end of 2021 from $200 billion in 2019.
#5 HOLY GUACAMOLE: Average selling prices for fresh avocados are up 37% year-over-year, while production is down roughly 7% due to a sub-optimal crop this year in both California and Mexico.
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