1. A. We have been very focused on noneconomic sensitive sectors like consumer staples and health care. 2. Chuck Hill, director of research at First Call, noted that earnings forecasts are holding up even for some economically sensitive sectors despite higher interest rates. 3. Construction is another economically sensitive sector he favors. 4. With traders moving into the economically sensitive sectors, the more stable defensive stocks were lower. 5. Other sensitive sectors include cars, chemicals and steel. 6. But he warned more was needed, especially in sensitive sectors to make the entry into the EU smoother. 7. But the report said excluding sensitive sectors such as agriculture would dramatically reduce the economic benefits to APEC members and lead to more gains for European Union nations. 8. For example, the sensitive sectors need not have tariffs reduced immediately, he said. 9. He said South Korea and China have also spoken of the need to recognize so-called sensitive sectors. 10. He said that if one country is allowed to exclude one sector for domestic reasons, other countries would begin to exclude their own sensitive sectors in manufacturing. |
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