Narrations of a Sector ETF Operator | Week Ended March 27: Navigating Stagflation Signals, Conflict Crosscurrents, and AI Disruption
Stagflation signals from March PMIs—business activity at an 11-month low, selling prices rising at the fastest clip since August 2022—favor sectors with pricing power. Energy, utilities, and staples lead defensively, while software remains vulnerable to AI disruption repricing.