Investors are playing more defense with their stock market portfolios. Even as stocks rebounded on Tuesday, history suggests that a good defense may continue to be a good offense over the next month.
The move into risk-off stocks is highlighted by the strength of utility stocks, now the best-performing sector of 2020. The move into utility stocks began before the Chinese coronavirus hit the markets hard, but has accelerated since fears of a global economic slowdown ticked up on fears of a pandemic. A CNBC analysis of recent trading history suggests that the utility sector should continue to benefit from a more risk-averse market.
According to hedge fund analytics tool Kensho, the defensive trend should continue for at least another month.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen: