The Fed’s hawkish comments have brought in a fresh bout of anxiety among investors, further aggravated by recessionary fears. Therefore, amid such uncertainties, let us take a look at stocks Verizon Communications Inc. (VZ), Celestica Inc. (CLS), and Berry Corporation (BRY), which might be ideal buys for beginners with little money, for reasons mentioned throughout the article.
Inpouring macroeconomic data and the Fed’s hawkish statements dashed investors’ hopes about a pivot on interest rates this year. In addition, experts anticipated that persistent rate hikes could tip the economy into a recession. This has added to the already existing anxieties.
