A moderate decline in inflation, reduced unemployment, and fiscal policy support have boosted investor sentiment lately. However, the elevated inflation and the better-than-expected economic data might push the Fed to continue hiking interest rates aggressively. Therefore, the market is expected to remain volatile.
Rising recession fears, weak global economic data, rising global food prices, and commodity shortages keep investors concerned. Amid this backdrop, it could be wise to focus on stocks with solid fundamentals.
