Defensive Stocks Remain Key Play as Fed Grapples Interest Rate Conundrum
Schwab Network · Schwab Network
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Show Notes
Charles Schwab's Liz Ann Sonders says investors should funnel into defensive stocks until there's a significant cooldown in volatility. She notes markets likely sold off today due to the previous two sessions enticing buyers with oversold indicators. On the Fed, Kathy Jones says Fed Chair Jerome Powell will have a lot on his plate on whether to lean toward inflation or employment on the FOMC's duel mandate.
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