RBC Wealth Management’s Carrier Likes Financials, Consumer Staples

The video discusses a recent market sell-off, highlighting its impact on the US and tech sectors. It explores the causes, including trade tensions and investor sentiment. The potential outcomes of a trade deal are analyzed, with insights from Mr. Diamond and the IMF. The video also covers market volatility and strategies for protection, advising a defensive investment approach focusing on sector allocation and quality stocks.

What was the primary sector leading the market declines during the recent sell-off?

• Utilities

• Consumer Staples

• Technology

• Healthcare

What percentage probability did Mr. Diamond assign to a negative trade outcome?

• 75%

• 25%

• 10%

• 50%

According to the IMF, what is the potential loss in growth for China if trade negotiations fail?

• 1.0%

• 2.0%

• 0.5%

• 1.5%

What investment strategy is suggested to become more defensive in the current market?

• Investing in high-risk stocks

• Reducing cash reserves

• Increasing allocation to technology

• Focusing on dividend-growing stocks

Which sector is recommended for redeployment due to its less expensive nature?

• Consumer Discretionary

• Technology

• Industrials

• Financials