Go Long TLT To Protect Credit & Financials Risk

"The Federal Reserve's commitment to tightening regardless of a slowdown will start to move the drive the stock market today towards good news is good news. But that good news will likely be for sectors that can take rates normalization. Using hedged equity and transitioning towards stagflationary and rates normalization beneficiaries makes more sense than trying to time a recovery in high PE stocks. Investors should go long TLT to protect credit and financials risk. Also, allocate to the healthcare sector's still solid fundamentals and valuations through XLV and BMY call strategies," says Arnim Holzer.