Reported 23 days ago
US investors are hesitating to shift into defensive stocks amidst rising geopolitical tensions, particularly concerning the Israel-Iran conflict. Despite typical market behaviors during such unrest, there has only been a modest movement into defensive sectors like utilities and healthcare, as many hedge funds maintain a cautious approach rather than panicking. With current market conditions, experts suggest a more strategic allocation towards defensive stocks, especially utilities, while others remain skeptical about the need for such shifts.
Source: YAHOO