Global Indemnity (NASDAQ:GBLI) reported quarterly earnings of $0.09 per share. This is a 87.14 percent decrease over earnings of $0.70 per share from the same period last year.
Is Now The Time To Invest In Defensive Stocks?
In recent months, there was a release of pent-up demand by consumers, fueling a rapid recovery.
As this euphoria fades, defensive stocks will outperform relative to the broader market, according to Morgan Stanley.
Analyst Michael Wilson named five reasons why he believes defensive stocks are a smart move for investors.
