After Tech Decline, Will You Switch to Stagflation Trades?
When all benchmark stock indices are declining, stagflation-themed trades are emerging.
Goldman Sachs has an index that measures the performance of stagflation-benefiting stocks while shorting stagflation-detracting stocks.
Since early April, this index has risen by nearly 5%, potentially marking the largest monthly gain in a year.
Among the top 10 long positions in the Goldman Sachs index are stocks like $Microsoft(MSFT)$ , $MasterCard(MA)$ , and $Caterpillar(CAT)$ , while short positions include $Abercrombie & Fitch(ANF)$ , $SUPER MICRO COMPUTER INC(SMCI)$ , and $KLA-Tencor(KLAC)$ .
Consumption staples like $Pepsi(PEP)$ and $Coca-Cola(KO)$ also rises recently.
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- 散修2706·04-19💪🏻💪🏻💪🏻LikeReport