Defensive Sector was May’s Flavor of the Month
This article was originally published on ETFTrends.com.
To start 2019, a positive risk appetite returned to the capital markets as U.S. equities bounced back from their fourth-quarter doldrums, but risk-off was back in May as the capital markets got a taste of the volatility they haven’t experienced in months. During this time, it was defensive sectors that became the flavor of the [...]