The stock market has been volatile for quite some time owing to the Fed’s hawkish comments to tame the stubbornly high inflation and other macroeconomic uncertainties. Amid this, let us probe into popular stocks, Peloton Interactive, Inc. (PTON), Tilray Brands, Inc. (TLRY), and ContextLogic Inc. (WISH), to see whether they are worth investors’ attention in 2023.
The fusion of robust hiring and resilient spending despite sky-high inflation could diminish the likelihood of a Fed pivot. Moreover, the Fed’s hawkish comments have raised concerns about an impending recession.
