It Could Pay to be Defensive in 2019
January 01, 2019 at 11:45 AM EST
Defensive sectors, including consumer staples and utilities, held up somewhat well relative to growth sectors as stocks swooned in the fourth quarter. The Utilities Select Sector SPDR (NYSEArca: XLU) posted modest fourth-quarter and year-to-date gains and some market observers expect 2019 could be...