The Fed plans aggressive interest rate hikes to control surging inflation. The Fed aims to prevent consumers and businesses from spending by making borrowing more expensive, cooling demand, and keeping prices under control. Economists are concerned that if the Fed raises the interest rates too quickly and aggressively, it might push the economy into a recession. Amid a recessionary environment,…
The Dow Jones Industrial Average rose 0.7% on Wednesday, posting a second straight day’s gain. However, the S&P 500 ended flat, and the tech-heavy Nasdaq Composite slipped 1.2%, as the content giant Netflix Inc. (NFLX) declined some 35% in price in intraday trading on concerns over the company’s loss of subscribers. In addition, the Russia-Ukraine war has created a worldwide crisis…
Three things happened around the time that the last two bear markets began: the 2-to-10-year part of the yield curve inverted briefly, the Federal Reserve cut interest rates for the first time in years, and the S&P 500 peaked in value, before plummeting from that peak. Sound familiar? However, while recession worries are mounting, the author of today’s article argues…
“Perhaps the best stocks you can buy for your retirement portfolio are dividend stocks with strong long-term growth potential,” acknowledges the author of today’s article, who sees real estate investment trusts as offering some of the best opportunities in this regard despite their poor performance of late due to rising interest rates. Three REITs that the author sees as top…