Pick Your Own Narrative
Wednesday, March 15th, 2017 Categories: Defensives, United States
Just accept that defensives are on a roll
Our US Equity sector model is changing its mind on defensive sectors. The bottom came in early February, but the first material increase was only three weeks ago and was mostly down to Healthcare. Since then, the theme has broadened and it is no longer just a reaction to weakness in the commodity-related sectors.