Betting on a rate hike?
Given the market’s increasing level of comfort with the idea of a Fed rate hike next month, there’s been a substantial amount of sector rotation in the interest-rate sensitive groups in recent weeks.
While some of this has been on the downside, with utilities, telecom and homebuilders all having fallen on hard times, there’s been substantial outperformance in financials.
And a group of stocks within the financial space could be the biggest
[“source -cncb”]
