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Inflation Will Fall off A Cliff In 2023 | Warren Pies

The Macro Trading Floor

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The Returns of Equity Sectors This Week

Most of the standard deviation negative returns happen in consumer discretionary real estate semiconductors anything that is very high beta to economic growth let's say or interest rates. makes sense to be long stuff that people really need also when you look at the returns across equity sectors this week. In 2001 during a recession US utilities actually rallied about 15% in the first six months of 2001 who were having job losses but as the market was reprising at the Fed funds path ahead basically they were always looking at these US utilities and US staples US health care.

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