Short one today. Markets threw in the towel across the board yesterday as the US 10yr yield hovers near 3%:
Furthermore, it is interesting that pandemic re-opening names are getting a lot of love of late versus technology. Here’s Ryman Hospitality, a convention center hotel company that we own, versus the Nasdaq 100 looking back one year:
I have no unique insight as to which sectors or factors perform better going forward, but here is what a generally decent quality fund manager had to say about recently adding Ryman to their portfolio:
Disclosure: We own shares of RHP, this is not investment advice. Do your own work.