Rosenblatt analyst Barton Crockett noted that Internet, Media, and Experiential equities underperformed the S&P 500 in 2Q22 and 1H22 of generationally high stock pressures (the worst S&P 500 start since 1970).
In Rosenblatt's 28 stock universe, every equity fell in 2Q22. Those that generally outperformed the S&P 500's 16% decline in 2Q22 (but not always) appear to be those with stability in recession scenarios.
