5 Low-Beta High-Yielding Stocks to Buy Amid Fed-Induced Volatility
Aallstate(ALL) ZACKS·2024-12-19 22:26
On Dec 18, U.S. stock markets routed after the Fed cut the Fed fund rate by another 25 basis points but indicated just two rate cuts of 25 basis points in 2025 instead of four suggested in September. In his post-FOMC meeting, Fed Chairman Jerome Powell said, “We can therefore be more cautious as we consider further adjustments to our policy rate.”Wall Street’s volatility is likely to continue in the near future as we are approaching the end of 2024. At this juncture, it will be fruitful to invest in low-bet ...