Although inflation has been on a continuous decline, growing fears of recession have weighed heavily on market sentiment. Amid this, investing in quality stocks with strong fundamentals, such as Glencore plc (GLNCY), Fortive Corporation (FTV), and Koç Holding A.S. (KHOLY), could help overlook the short-term bumps.
U.S. stocks rallied as investors cheered the latest data indicating the slowing pace of inflation. The Producer Price Index (PPI) declined by 0.5% month over month in March versus economists’ expectations for prices to be flat.
