While the robust economic data indicates that the economy is not on the brink of a recession, it might prompt the Federal Reserve to consider another interest rate hike in June’s meeting.
Amid a volatile market backdrop, investors could consider investing in dividend-paying stocks Brookfield Infrastructure Corporation (BIPC), The Brink’s Company (BCO), and Balfour Beatty plc (BAFYY) which seem relatively stable and offer steady returns.
