Why Industrial Stocks Have Underperformed in 2020
Going into 2020, the industrial sector had some cause for optimism. While 2019 was definitely a difficult year that dealt with headwinds like the U.S-China trade war, cyclical slowdowns in key industries such as automotive and consumer electronics, and the grounding of the Boeing (NYSE: BA) 737 MAX, many industrial sector companies were hoping and predicting that the second half of 2020 would see a bounce back. Unfortunately, those bounce-back plans are likely to be put on the shelf.
Let's take a look at why that is and at what investors can hope for from the sector for the rest of the year.
Image source: Getty Images.
Source Fool.com
