Recession or no recession, what’s wrong with consumer staples and the SPAC market has gone silent. 5/19/22
Why aren’t investors finding safety in Consumer Staples? Stocks like Kroger, P&G and Kraft Heinz are all down more than 7% in the past week. Is the sector being unfairly punished? Plus, mega cap tech stocks with single digit P/E ratios. Are they buys at these prices? And, why a market watcher says she sees no recession ahead.
May 19, 202243m 30s
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Show Notes
Why aren’t investors finding safety in Consumer Staples? Stocks like Kroger, P&G and Kraft Heinz are all down more than 7% in the past week. Is the sector being unfairly punished? Plus, mega cap tech stocks with single digit P/E ratios. Are they buys at these prices? And, why a market watcher says she sees no recession ahead. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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