Is Ares Capital Stock a Buy?
ARCCAres Capital(ARCC) The Motley Fool·2024-10-24 18:15

This business development company's high-yielding dividend looks surprisingly stable.In September, the Federal Reserve cut its benchmark interest rate for the first time in four years. That long-awaited reduction reflected the fact that inflation had cooled off significantly, and signaled that the Fed was pivoting back to a focus on promoting economic growth and employment again. It also indicated that fixed-income investments like CDs and U.S. Treasury bills would become less attractive as their yields dec ...