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With Help From Rupert Murdoch, The Occupy Wall Street Index Outperforms the S&P 500


On the one-year anniversary of Occupy Wall Street, it's time to look back at how our index has performed.

Wal-Mart was the second-best performer, up 42% as it finally broke out of a decade-long trading range between $50 and $60.

JPMorgan also impressed, returning 23% despite the heat of the infamous London Whale Fail scandal, which lost steam when Congress and the Senate Banking Committee couldn't come close to landing a knockout punch on CEO Jamie Dimon. (See: Fox Watching Chicken Coop? Senate Banking Committee and Dimon.)

On the negative side, McDonald's returned just 4% as a string of disappointing sales numbers have dragged down the stock of what was once an incredibly strong multi-year growth story. We also saw middling performances out of BP and Goldman Sachs, both of which underperformed their solid sectors.

It's funny. According to a recent Goldman Sachs study, a full 89% of hedge funds are underperforming the S&P 500 this year.

Maybe some of those folks should head down to Zuccotti Park today and read the signs.

Twitter: @MichaelComeau

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