As the Fed assured the markets that bigger rate hikes are not something it is actively considering, stock market investors breathed a sigh of relief. Nevertheless, with the ongoing headwinds in the market such as supply chain issues and a war, some investors may prefer to play it safe. Hence, defensive sectors such as the health care sector could be worth watching. After all, health care is a necessity for everyone. Hence, it will always be in demand regardless of the state of the economy.
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