Strategist sees rotation from defensive to cyclical stocks

17,765 次觀看・1 個月前

STORY: Lower rates led to rallies in defensive stocks, explained Sluymer, referring to "things like healthcare and staples, utilities and REITs (Real Estate Investment Trusts)."

But with long-term rates starting to rise and with China having rolled out a stimulus plan for its economy, "some of those areas could start to pull back," Sluymer said, as investors now start to position their portfolios more toward "cyclical or economy-sensitive areas that have actually underperformed for the last two quarters. Things like industrials and materials, some consumer discretionary names and some of the financials."