Stick with dividend-paying energy and financial stocks because higher rates are going to make it rough for retailers, utilities and telecoms, says Omar Aguilar, Equities CIO at Charles Schwab (SCHW) Investment Management. Aguilar adds that confidence is at an all-time high, although consumer spending and capex need to catch up with optimism. The other good news? The economy and earnings are stable and on positive trend.
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