After the U.S. stock market plunge, are gold, utilities, and consumer stocks poised for a comeback? The next round of capital rotation may already be underway!

As tech stocks tumble from their highs, investors naturally look for new safe havens. In this market correction, interest in defensive assets has clearly picked up. Gold, utilities, consumer staples, and some companies with stable cash flows all deserve a place on the watchlist. The case for gold is mainly driven by safe-haven sentiment and changes in real interest rates; utilities benefit from relatively stable demand, but their valuations and sensitivity to interest rates should not be overlooked. Consumer staples offer some defensive advantages, but companies’ earnings power also matters. My view is that AI may not fall completely out of favor, but capital could shift from a single hot sector toward a more balanced allocation. After all, a portfolio can’t consist only of offensive players; when it matters, you also need someone to guard the goal. #每周来晒 and #美股史诗级抛售 $AMD