Multiple stressors in the global macroeconomic environment suggest that we may not be out of the woods with regard to the persistent inflation and the increasing threat of a Fed-induced recession. Hence, investing in shares of fundamentally strong and high-quality businesses, such as Overseas Shipholding Group, Inc. (OSG), could ensure consistent, risk-adjusted returns.
The markets ended a tumultuous quarter, dotted with crisis and close calls in the banking sector along with the usual rate-hike drama, on a positive note with a slowdown in the core Personal Consumption Expenditures (PCE) price index in February.
