
The Fed hinted at a possible interest rate hike in March 2022, its first such increase since December 2018, owing to record-high inflation. Consequently, the market is expected to remain in the correction mode for some time.
However, history shows markets seldom fail to become bullish after a significant dip. So, we think now could be an opportune time to bet on quality stocks that are currently on sale. According to strategists from Goldman Sachs to Citigroup, it’s now time to buy.