This fund is buying bond proxies that it usually ignores
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2024
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Source: MarketWatch
Focus on Jackson Hole: Central bank officials are gathering in Jackson Hole, Wyoming, to discuss monetary policy, with expectations that the Fed may start cutting rates due to a potential economic slowdown or recession.
Market Performance: Defensive stocks, particularly in the real estate and utilities sectors, have performed well recently, with significant gains compared to the broader S&P 500 index.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
