Goldman Sachs: These are the stocks we think are safe from a trade war

For traders worried of a full-blown trade war, here’s Goldman Sachs’ playbook to handle the tough market.

Stock losses preserve accelerating as buyers stay anxious about President Donald Trump’s new tariff threat. In this choppy environment, buyers need to stick with dividend growers, companies with low labor charges and offerings sectors which are greater domestically facing, in accordance to David Kostin, Goldman Sachs chief U.S. fairness strategist.

“We are questioning about some of the drivers of income boom going forward, and we are looking at some of the conversation services stocks,” Kostin stated Tuesday on CNBC’s Squawk on the Street. “We like a aggregate of low labor cost sensitivity as a way of inoculating against rising labor inflation… The second would be dividend growers as a long-term strategy. That’s idiosyncratically what I would focus on.”

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