The major benchmark stock indexes are witnessing significant volatility lately. While the market is in the green today on investors’ optimism looking at impressive quarterly reports from some U.S. banks, the consumer price index’s 8.5% year-over-year jump in March may not keep the enthusiasm alive for long.
With inflation hitting a fresh 40-year high and the Fed's plans to raise interest rates aggressively later this year, long-term investors might want to take advantage of the current market dip and invest in stocks that could provide them with exceptional returns.
