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NDR Sector Allocation Strategy Commentary - January 2025

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After a strong upward move post-election, the S&P 500 Total Return Index dropped -2.38% in December. Financials, Information Technology, Communication Services, Consumer Discretionary, and Utilities are above benchmark weight. Real Estate, Materials, Energy, and Consumer Staples are below benchmark weight.

Ned Davis Research | NDR Sector Allocation Strategy Commentary | Monthly

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