What happens to stocks when the Fed starts hiking? Barclays weighs in
Barclays said S&P 500 returns have been positive in every Fed rate hike cycle since the 1990s, with annualized gains from 0.1% to 7.8% and a median of 5.6%. It noted sector performance depends on whether markets view the Fed as ahead or behind the curve. Barclays also updated a Resilient Software Basket including Palantir, Datadog, Adobe, Intuit, Salesforce, and others.




