Investors should load up on defensive sectors like consumer staples as macro data sends mixed signals about the economy, Morgan Stanley says – Markets Insider

According to Morgan Stanley, investors should focus on defensive sectors such as consumer staples as recent macro data is sending conflicting signals about the economy. The investment firm recommends loading up on these sectors to protect against any potential economic uncertainties. As the market remains uncertain, consumer staples are seen as a safe bet for investors looking to weather any potential storms.