Envestnet's D'Auria on Markets, Fed Policy

The video discusses the implications of the New York Fed's balance sheet runoff and the market's preparedness for it. It highlights the focus on rate hikes and their impact on the market. The speaker shares insights on investment strategies, emphasizing the importance of diversification and considering small value stocks. The discussion also covers the potential of defensive sectors like utilities during economic uncertainty.

What industries does the speaker suggest considering for investment during periods of rate hikes?

What caution does the speaker give regarding investment strategies in defensive sectors?