These 3 stocks sectors might be the place to be even if the market ‘gets end of the world bearish’. – MarketWatch

Stocks attempt to try again for a post-Powell pick-me-up is so far not going well on Tuesday. That’s as caution is in the air, with preaching by some big banks.

Tuesday finds Goldman Sachs warning of a sticky housing recession that will flatten prices and Credit Suisse telling investors to cut back on their stock holdings ahead of what they see as a difficult few months ahead.

No doubt some may be looking even closer down the road, when bigger institutional traders may potentially return from vacations to size up the market after that hawkish Fed blow.

Our call of the day says as bulls and bears battle it out, the best path forward for investors is to stop fighting the Fed, stop fighting the trends and let the markets lead. It comes from Mark Ritchie II, chief investment officer of RTM Capital Advisors and a son of the legendary investor by the same name.

In an interview with Real Vision that published Monday, Ritchie touches on the return of those big players, saying “if the…

Read Full Story: https://www.marketwatch.com/story/watch-these-market-leaders-if-they-give-up-its-time-to-get-out-of-dodge-says-this-money-manager-11661857295

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source: https://news.oneseocompany.com/2022/08/30/these-3-stocks-sectors-might-be-the-place-to-be-even-if-the-market-gets-end-of-the-world-bearish-marketwatch_2022083028774.html

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