Food for Thought：Sector Selection for Rate Reduction
Barclays·2024-08-12 09:29
Equity Research Equity Strategy 9 August 2024 CORE U.S. Equity Strategy Food for Thought: Sector Selection for Rate Reduction Over 13 rate cutting cycles stretching back to the 1980s, Healthcare and Staples outperformed most consistently over the 6 months following the first cut, likely because most of these coincided with recessions. In the 2 "soft landing" cycles of the mid-90s, cyclical and growth sectors performed better after the first cut. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...