Why the shopping line you’re not in always moves faster

Monetary policy tightening is continuing to erode demand

Markets got a volatile start to the week, with stocks falling and oil prices rising as commercial maritime traffic heading out of the Persian Gulf through the Strait of Hormuz remained at a virtual standstill.

The traditional value-oriented sector has seen a shakeup, with 14 S&P 500 stocks reclassified at the sector level, as FinTech’s disruption on the Financials sector could result in a higher growth exposure than originally intended.