– The QE era has coincided with more than a decade of dominance for US equities over international stocks.
– Energy was the best performing sector, and Pure Value beat Pure Growth, but it didn’t stop Large Growth (FAANG) from besting all style box categories in 2021.
– Emerging markets closed the year in the red. China was the second worst performing country behind Turkey.
– Building a house grew more expensive. After a monster rebound by more than 70% in the 4th quarter, lumber prices closed the year up 114.9%.