Jerome Powell, Chair, Board of Governors of the Federal Reserve speaks during a conference at the Federal Reserve Bank of Chicago on June 4, 2019 in Chicago, Illinois.Many investors believe the Federal Reserve is set to start cutting interest rates, possibly as early as this week. And history shows one group of stocks stands out as an outperformer after the Fed begins cutting.
Health care stocks outperform the market by about 7% in the nine months following a rate cut, data compiled by Barclays shows. And what makes the group special relative to other groups is its consistency of performance following eases. The firm ran deep analysis on Fed rate cut cycles and found that overall market performance and performance of most sectors
. Barclays determined there were two types of rate-cutting environments: an economic "soft patch" and a recession. Health care was the only sector that thrived in both those rate-cutting scenarios.This is "an intuitive result given that soft patches still represent a weak economic environment," said Maneesh Deshpande, head of U.S. equity strategy at Barclays, in a note last week.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Fed may break a lot of stock-market investors’ hearts next weekClamoring for a rate cut by the Federal Reserve at some point this year is running high, but the Fed may not comply. which really isn't anything new for Jerome... Conflicting msgs
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks in Asia Pacific trade lower as investors await Fed meetingStocks in Asia traded lower on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside. หล่อๆ🚃🚃🚃🚃🚃🚃🚃🚃
Source: CNBC - 🏆 12. / 72 Read more »
European stocks set to open higher as investors await crucial Fed meetingEuropean stocks are set to open higher Monday as investors await this week's crucial U.S. Federal Reserve meeting. According to CNBC, Even stocks will open higher for every reasons, Good, Bad or Ugly. Such an easy market it will go only up. All the people in world should take CNBC advise and invest in never falling stock market and end poverty! Such a Crap News!
Source: CNBC - 🏆 12. / 72 Read more »
The Fed would be making a mistake by cutting rates this year, PNC strategist saysInvestors are holding out hope that Fed Chair Jerome Powell lays the groundwork for a rate cut as soon as July. Even just one this year would be a mistake, says Amanda Agati, co-chief investment strategist at PNC Financial. Tell that to Trump. Fed should not succumb to pressure from the weasels on Wall Street who cry and bitch for every break and easy path. Wall Street is overrun by people who can’t compete - want everything handed to them. Fuck ‘Em. Additionally, POTUS should shut up and let the Fed do its job. Well they need to right the wrong 1st...
Source: CNBC - 🏆 12. / 72 Read more »