Stocks don’t always behave the way investors expect them to after the yield curve inverts
The S&P 500 energy sector has outperformed the broader market 80% of the time in the 12-month period following yield-curve inversions going back to
1965, Bank of America analysts said in a research note. What’s more, energy stocks beat the S&P 500 by an average of 7.3 percentage points over that period.
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