Goldman Sachs recommends defensive health care and consumer staples sectors as two key areas that have typically outperformed after Fed rate cuts.
The investment bank's top stock strategist recommended defensive health care and consumer staples sectors as two key areas that have typically outperformed the broader market following the start of cutting cycles. Investors tracked by the CME Group's FedWatch tool believe the central bank is more likely than not to cut rates at least once by July. The Fed meets next week and again July 30-31.
Why would we listen to them about what to do if the Fed cuts rates They said in December that the Fed was going to raise rates 4 times in 2019.
Short banks 🤣
you have to play off of it. you can't play against it. anything.