What Really Drives Stocks Higher?

Shoppers may need to switch from steak to bologna, but they still need to eat. That’s just one reason for investors to watch consumer staples if you’re concerned about a recession. Richard Bernstein is the CEO and Chief Investment Officer of Richard Bernstein Advisors. Before that he was the Chief Investment Strategist at Merrill Lynch. Motley Fool Senior Analyst John Rotonti caught up with Bernstein to discuss:  - How growth stories can change through time.  - Sectors showing the power of compounding dividends.  - If a “Fed Put” still exists.  Members of any Motley Fool service can watch the full interview here: https://www.fool.com/premium/live/video/4056/coverage/2022/11/16/interview-richard-bernstein-ceo-cio-richard-bernst/  Host: John Rotonti Guest: Richard Bernstein Producer: Ricky Mulvey  Engineers: Heather Horton, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices