The Federal Reserve’s indication to continue raising interest rates and economic slowdown in many other nations have been driving market volatility. “The combination of peak hawkishness from the Fed and the frustratingly slow pace at which inflation is cooling could make this a tough month,” said LPL Chief Equity Strategist Jeffrey Buchbinder.
As this uncertainty is not expected to ease anytime soon, investing in relatively stable, dividend-paying, large-cap stocks could be wise to reduce your portfolio risks. One could consider investing in stocks possessing these qualities for generating stable returns for decades.
