FYI: (This is a follow-up article.)
An often overlooked beneficiary of lower interest rates is the materials sector; even the promise of lower rates is enough to send these stocks spiraling higher, as investors in the Materials Select Sector SPDR Fund (XLB) have discovered recently.
The ETF, which tracks materials companies such as chemicals manufacturers and packaging giants, is up 4.5% over the past month, making it the best-performing ETF of the SPDR Select Sector ETF suite of the past 30 days.
Regards,
Ted
https://www.etf.com/sections/features-and-news/etf-week-materials-fund-spiking
