A shift back into defensives and interest rates sensitive stocks?
Bloomberg is reporting that defensive stocks have been winners in the market volatility this week. A classic rotation into defensive stocks have been seen due to the market uncertainty. If you’d like to see examples of defensive names, CNBC has released an article on stocks that analysts are bullish on.
Kash Pashootan on Sector Stocks
Utilities and telcos did suffer the first and the second quarter, but defensive and interest sensitive stocks are becoming popular again, with some utilities names being up 4%.