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No, stocks are not tanking, but there has been a correction in consumer staples. For example, Vanguard Consumer Staples (VDC) is down over 10% from its high. In
by mapmap 3y ago
No, stocks are not tanking, but there has been a correction in consumer staples. For example, Vanguard Consumer Staples (VDC) is down over 10% from its high. Investors generally buy into consumer staples as a defensive move in the business cycle. But risk free money markets are paying over 5%...