Friday, July 1

Interest rate hikes in sight, time to look at WS banks?

The year begins with rises for Wall Street and the focus of attention will remain the same: inflation, rate hikes, problems in the supply chain and the evolution of the pandemic.

In this scenario, which sectors can do better? As explained Rafael Ojeda, analyst at Fortage Funds SICAV, will be the same ones that have been doing well throughout 2021: technology, semiconductors, consumer cyclicals and the luxury sector.

Another sector in which the analyst recommends have the focus on the financial“But it will start to do well as we get closer to June, which is when the US will start to raise rates; until then it will be a little behind the sectors we have already mentioned.”

Reference-www.estrategiasdeinversion.com

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