According to a well-known company, stocks will experience hell this year. But a different kind of asset is said to…

Everyone is worried about 2023. On the other hand, its beginning did not bring such major problems. But according to a well-known company, this is a false signal that we must not be fooled by. The stock is going to hell!

Stocks are not going to have the best year this year

The Dow Jones industrial index ended the week down 2.7%, while the S&P 500 index fell 0.7%. However, the index is still up 3.5% this year and the Nasdaq Composite, which rose 0.55% last week, gained an even more impressive 6.4% in January.

Even on Friday, the indices were flying like crazy

But here's the weird thing... The communications services and consumer staples sectors of the S&P 500 are crushing the market, each up at least 5% since the beginning of the year.

In contrast, defensive consumer staples, utilities and health care stocks have fallen more than 2%. If investors are worried about a recession, it should be just the opposite.

It is too early to make such bets. Federal Reserve policy is notorious for operating…