‘Safest’ Shares Prove Anything But – Wall Street Journal

Wall Street Journal
‘Safest’ Shares Prove Anything But
Wall Street Journal
Telecom shares were close behind, falling 3.4%, in what became a rout of safe stocks. Far from protecting investors in a selloff, in this weird world the “defensives” offered no defense. A solid cash flow is of little use if investors no longer want
Wall Street rallies as traders reassess Fed outlook; dollar slipsReuters
Asia Pacific shares suffer sell-off amid prospect of US rate riseThe Guardian
Global shares slide as US hovers on brink of rate riseEvening Standard

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