Analysts predict this sector will best perform following Fed rate hikes

Analysts predict this sector will best perform following Fed rate hikes

Analysts have been looking to the energy sector to jolt the market back to life as the U.S. economy continues to exit the current low-interest rate environment.

“I’m actually very bullish on materials and even more bullish on energy moving forward,” Aptus Capital Advisors Portfolio Manager David Wagner told Yahoo Finance Live. “So if we go back to later periods in the early 2000s and other periods where we actually saw rising rates, so the Fed tightening, you still saw defensive…


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