Multi-decade high inflation and the expected aggressive interest rate hikes to combat it has created a fear of an economic slowdown. Apart from this, worries about several other headwinds, such as prolonged supply chain bottlenecks, no measurable progress on ending the Ukraine-Russia war, and rising oil prices have made the stock market extremely volatile.
However, experts anticipate that the economy will continue to recover this year, though at a slower pace. This should bode well for fundamentally sound growth stocks.
