Defensive Equities Are Leading the S&P 500 to Its Record Highs
October 30, 2019 at 10:45 AM EDT
The capital markets typically view defensive equities as a strategy when investors play not to lose as opposed to simply playing to win. The S&P 500 reached a record high in Monday’s trading session, but it’s not growth-oriented, cyclical equities leading the index, but defensive equities. The...