Time To Relook At The Unloved Sectors?
Walter Todd, President and Chief Investment Officer, Greenwood Capital
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Market took a dip on the back of robust job data which suggest that the Federal Reserve will continue with its hawkish stance. We ask Walter Todd, President and Chief Investment Officer at Greenwood Capital if the pace of aggressive rate hikes will continue and if it's time to look at the bashed down sectors like consumer discretionary and technology.
Image credit: Shutterstock
Produced by: Michael Gong
Presented by: Shazana Mokhtar, Wong Shou Ning, Chong Tjen San
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Categories: markets, economy, international, alternatives
Tags: aggressive rate hike, fed reserve, hawkish, consumer discretionary, technology sector,