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Investing, Stocks

“Buy these stocks as S&P 500 heads for 11% correction and bitcoin risks fall to $12,000, say strategists.”

“Our call of the day, from strategists Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, is that the S&P 500 is heading for an 11% pullback while bitcoin could fall to $12,000…

A sea change of this magnitude will create distinctive winners and losers, the strategists said. Investors can prepare by buying shares in companies focused on defensive industries: pharma and biotech; food and staples retailing; commercial and professional services; food, beverage, and tobacco; utilities; healthcare equipment and services; household products; consumer services; and telecommunications.”

https://www.marketwatch.com/story/buy-these-stocks-as-s-p-500-heads-for-11-correction-and-bitcoin-risks-fall-to-12-000-say-strategists-11624879133?siteid=yhoof2

Woah, that’s a big claim. I’m not invested in bitcoin but if it goes down that low I might get some.

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