3 Defensive Stocks to Shield Your Portfolio in July
BMYBristol-Myers Squibb(BMY) Investor Place·2024-07-20 19:55

Defensive stocks are stealing the spotlight again following Fed Chair Jerome Powell’s recent comments.In his address at the Economic Club of Washington D.C., Powell talked about the precarious state of the economy. His remarks emphasized the stickiness in inflation, policy uncertainties, and large deficits amid full employment. Hence, given the breadth of variables impacting the economy, it seems like a tough road ahead for those expecting quick monetary easing. The Federal Reserve plans to approach policy ...