Pictet Wealth Management shares its insights on the consumer sector which is expected to be supported by macro trends in the US and Europe. ‘Value’ stocks benefiting from ongoing rotation According to the bank, the market had been rotating from bonds to stocks and, within stocks, from defensive and yield-sensitive sectors towards cyclical sectors since, mid-2016. This was driven by…
Pictet: Fundamentals look supportive for consumer sector but a selective approach is needed
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