4 ms·
I just glanced at the S&P 500, and it doesn't look like it's down by much. Are stocks really tanking, or is this just another attempt by conservatives to spread
by allears 3y ago
I just glanced at the S&P 500, and it doesn't look like it's down by much. Are stocks really tanking, or is this just another attempt by conservatives to spread FUD about the economy?
- mapmap 3y agoNo, stocks are not tanking, but there has been a correction in consumer staples. For example, Vanguard Consumer Staples (VDC) is down over 10% from its high. Investors generally buy into consumer staples as a defensive move in the business cycle. But risk free money markets are paying over 5%...