MarketWatch Premium: Investors should own these four sectors as the economic recovery plays out: SPDR U.S. chief strategist

United States

There have been jitters in the stock market this year from fears of rising inflation.

But Michael Arone, the chief investment strategist for State Street Global Advisors’ U.S. SPDR exchange traded fund business, is advising investors to focus more on the labor market, which is still sluggish, meaning the recovery has a long way to go.