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Kritika Sarmah

2 High-Quality Names It’s Time to Scoop Up

TA Microsoft Kritika SarmahHer Inflation Recession Microsoft Corporation TravelCenters of America Inc

Despite the Fed’s consecutive rate hikes, inflation is still at a multi-decade high. The Goldman Sachs (GS) CEO David Solomon and JPMorgan Chase & Co. (JPM) CEO Jamie Dimon expects a recession as the tight labor market keeps the Federal Reserve on an aggressive monetary policy tightening track.

Meanwhile, the Fed is expected to deliver a fourth straight big interest-rate hike when they meet next week, bringing the policy rate to 3.75%-4%.

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