Higher-than-anticipated inflation and a strong economy could prompt the Fed to raise rates higher and hold them elevated for longer. Markets have been highly volatile lately amid renewed fears about potential rate hikes and other macro uncertainties.
Therefore, high-quality stocks BHP Group Limited (BHP), Cisco Systems, Inc. (CSCO), and Ennis, Inc. (EBF) could make worthy additions to your portfolio, offering a viable shield against economic turbulence.
