The Industrial Growth Engine Has Choked

Goldman Sachs analyst Joe Ritchie and team worry that the growth engine for multi-industry stocks–think Emerson Electric (EMR), General Electric (GE), 3M (MMM) and Honeywell International (HON)–has “choked.” They explain why–and what investors should do about it: Associated Press It has been a bad year for the Multis. How bad? YTD sector underperformance relative to the S&P remains […]