Rate Decision Ripple Effects, Equities' Resiliency, and the Trading Day Ahead 6/15/2023
Morning Call
00:00
The Future of the Utilities Sector
The utilities sector outperformed during last year's bear market as investors took shelter and dividend paying gas and electric stocks. The sector often sees inflows as a defensive play when there are fears of economic turmoil now with new concerns over earnings resiliency the sector it's lagged year to date let's not deeper into what's ahead with anthony krodell research analyst at mazoo hoe frank i would stay in many of them we try to be selective so for example we continue to like amazon despite uh even with the recent strength their their e-commerce business will rebound you'll see an improvement in efficiency.
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