Stocks in classic defensive sectors such as consumer staples, healthcare, and utilities, tend to outperform ahead of the final rate hikes, along with energy and financials, according to strategist at RBC Capital Markets.
S&P Global Ratings lays out 4 domestic options for putting a damper on a surging U.S. dollar that’s wreaking economic and market havoc. But there’s a problem.
After socking away savings during the aftermath of the COVID-19 crisis, American households and businesses are watching their financial cushions rapidly deteriorate as prices have soared and the Federal Reserve has substantially raised the cost of borrowing money.