Materials stocks have hit a bottom, which means the only thing left is to buy 'em and wait for the imminent recovery. More
- Poll of the Day
Materials stocks account for companies in the business of discovery and procurement of raw materials. Specifically, materials stocks cover mining, metals, packaging, chemicals, and forestry products.
Materials stocks fluctuate with business and are much more valuable in a strong economy. The basic materials sector responds to the supply and demand of certain materials, particularly precious metals, and supplies the needs of construction, which is also an indicator of market strength.
The sharp rise in Treasury yields has led to massive disruptions in the stock market, blurring the lines between rate sensitivity and more sustainable, fundamental trends. More
Financials, healthcare and consumer discretionary stocks are sheltered from both China's economic weakness and rising bond yields, which bodes well for their second-half outlook. More