Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRob IsbittsSat, June 13, 2026 at 3:00 PM GMT+2 4 min readHow has the stock market done over the past 4.5 years? If you answered “great,” I know where you are looking. At the S&P 500 ($SPX) or growth-oriented index funds. You’re probably focused on the biggest U.S. stocks. Because if you look anywhere else, frankly, it’s a mess.It has been for a long time. Long enough so that we need to talk about it seriously. Because this table, a summary of a study I published recently, essentially says “stock picking” has been a coin flip since the start of 2022. Not coincidentally, that’s when interest rates climbed off the mat and again became competition for the broader stock market.More News from BarchartMark Cuban Says Everything in the Hospital Could Cost $1 And Insurance Companies Would Still Raise the Prices to ‘Crush People’s Financial Situation’Dear Applied Digital Stock Fans, Mark Your Calendars for June 16Gold Mining Stocks Look Like a ‘Gold Mine.’ Start Buying Now Before Time Runs Out.