"Successful investing is anticipating the anticipations of others." – John Maynard Keynes
Stocks, in general, have been losing momentum for the last several weeks, and the only segments gaining any traction are defensive areas, such as utilities, consumer staples, and low beta stocks. Among all of them, the utilities sector is undoubtedly back to new all-time highs due to a market rotation into conservative equities and retreating Treasury yields. Utilities won't benefit from the current value rotation, as its P/E ratio of 21x is already expensive for the group. However, with investors continuing to shift