Rotation into cyclical stocks confirmed by the surprise rebound in U.S. Hiring: Allianz’s Mahajan

Jun.05 — Allianz Global Investors U.S. Investment Strategist Mona Mahajan says that the rebound in hiring in the leisure and hospitality industries confirms the rotation into cyclical stocks. She also points to a trend downward in flight-to-safety assets. She joins David Westin on “Bloomberg Wall Street Week.”


In This Story: Allianz SE

Allianz SE is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. (FWB: ALV, DAX Component)

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