While macroeconomic volatilities are weakening market sentiment of late, the chances of a recession this year continue to worry investors. Therefore, we take a look at some of the no-brainer stocks Taiwan Semiconductor Manufacturing Company Limited (TSM), Novo Nordisk A/S (NVO), and Merck & Co., Inc. (MRK), which could help survive a market downturn.
Yesterday, the Federal Reserve increased interest rates by 0.25% and indicated that rate hikes could be coming to an end. The increase takes the benchmark federal funds rate to a target range between 4.75%-5%.
