Consider Equal Weight As Investors Move Into Defensive Sectors
November 09, 2022 at 14:44 PM EST
Flows into the utilities, healthcare, and consumer staples sectors surged last week as investors moved into defensive sectors. Last week, the Federal Reserve raised the Federal Funds rate by 75 basis points for the fourth consecutive time in an effort to lower inflation. The target rate is now between 3.75% and 4%, the highest since [...] The post Consider Equal Weight As Investors Move Into Defensive Sectors appeared first on ETF Trends .
