Rising bond yields clobbered stocks in September, but some market watchers expect that the turbulence could be a good setup for investors betting on companies that can weather an economic downturn.higher for longer, they have not yet accepted the likelihood of a recession.
It’s an unusual conclusion to a sustained period of aggressive rate hikes by the central bank over the past 18 months. A hard landing characterized by recession and rate cuts are more in line with history. But Mr. Schulze argued that even a deceleration of U.S. economic growth, without a recession, will likely weigh on bond yields.
Still, declining bond yields could bring relief to the stock market. In particular, Mr. Schulze believes that a retreat will boost the appeal of economically defensive stocks – including utilities and U.S. health care companies, which don’t need a vibrant economy to thrive.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »