Consumer staples is the third worst performing sector this year, but early earnings results show sentiment towards the sector may soon shift.
Consumer Staples, a group of dividend-paying stocks long-viewed as bond proxies, is among the worst performing sector this year.
Those headwinds have fueled a selling frenzy as investors look to reduce their exposure to the former Steady Eddies. The consumer staples sector -- The pandemic officially ended months ago, allowing a weary public to get back to normal living. That was great news for large swaths of the economy.
Bank of America said if the S&P 500 can't stay above its 4,200 support level, then it's a sign that a hard landing in the economy is imminent.This Canadian tax credit could bring in up to $5,000 in a lifetime! But given it's refundable, use that refund to put straight towards your future. The post Are You Eligible for the $5,000 From This Canadian Tax Credit? appeared first on The Motley Fool Canada.
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