Defensive Stocks Could Get Their Legs Back: Mike Wilson

The video discusses the stability of large cap tech stocks and their role in the market, especially during economic downturns. It highlights the misconception that tech is not economically sensitive and suggests that defensive sectors like staples, utilities, and healthcare may perform better in times of economic uncertainty. The video also examines market trends and the rotation between growth and defensive sectors.

What characteristics should large cap tech companies possess to be considered winners in the current market?

How did the COVID-19 pandemic influence the perception of technology as an economically sensitive sector?

What factors might lead investors to rotate back into defensive sectors?

Discuss the impact of interest rates on the performance of defensive sectors last year.

What are some defensive sectors mentioned that could perform well if growth concerns return?