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This hasn’t been a good year for the equities market. The S&P 500 is down nearly 20% and with two trading days left in the year, investors’ hopes of a miraculous recovery have been dashed.
But even when the overall market is losing, there are still winners – and there were quite a few of them this year – mostly in energy, which has been the best-performing sector of 2022.
Here are the big winners, and losers, of the year.
The winners: The story of 2022 has been energy.
Brutally high oil and gas prices were the talk of the town this year and one of the largest contributing factors to sky-high inflation. That’s bad news…