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Shares of Companies in the Consumer Staples Sector Are Trading Lower Amid Recession Concerns. Further Rate Hikes Could Slow the Economy and Drive a Cutback in Consumer Spending Across Sectors. Rate Hikes Could Also Drive a Rotation Out of Equities as an A

Benzinga ·  Sep 24, 2022 01:36
Shares of companies in the consumer staples sector are trading lower amid recession concerns. Further rate hikes could slow the economy and drive a cutback in consumer spending across sectors. Rate hikes could also drive a rotation out of equities as an asset class.
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