High inflation and a tight jobs market are expected to keep the Federal Reserve busy as it looks to keep raising interest rates higher than previously projected. Amid this uncertain macroeconomic environment, it could be wise to cash in on the fundamental strength of General Motors Company (GM) and Acuity Brands, Inc. (AYI) stocks, making them smart investments for investors.
Before evaluating these stocks, let’s discuss what might keep the market under pressure in the near term.
