As investors shift focus from inflation to growth, Club stocks with China exposure stand to gain

… recent months – key among them Estee Lauder (EL), Starbucks (SBUX) and Wynn … reiterated their overweight rating on Estee Lauder, while raising the bank… should be bolstered by the cosmetics giant's $2.8 …

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People use their smartphones to take photographs outside The Wynn Macau casino resort, operated by Wynn Resorts Ltd., in Macao, China, on Tuesday, Jan. 30, 2018.
Billy H.C. Kwok | Bloomberg | Getty Images

As we kick off 2023, Wall Street appears to be shifting its focus from inflation to growth.  

Investors apparently believe the Federal Reserve has inflation under control after dramatically raising interest rates throughout last year. Now, those higher rates are fueling fears of a recession in the U.S.

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