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(Bloomberg) — “Mixed” messages from key US economic data and the accompanying swings in stock markets mean investors should load up on defensive sectors such as consumer staples, according to Morgan Stanley strategists.Most Read from BloombergApril Inflation figures due next week will offer fresh insights about the US economy after employment data out Friday showed the labor market is cooling. Some traders took the latest jobs numbers as an indication that the Federal Reserve will be able to start cutting interest rates as early as September.A soft landing or a so-called no landing, where growth is resilient even as rates stay high, both remain possible fo …
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