5 Mid-Cap Stocks to Buy in a Volatile April
Allison(ALSN) Zacks Investment Research·2024-04-12 22:21
U.S. stock markets have been retreating in April after a sharp rally in the last 15 months. The euphoria surrounding the first rate cut in the benchmark lending rate in June by the Fed evaporated as the yield on the benchmark 10-Year U.S. Treasury Note returned northward, trading around 4.5%.This was primarily due to a sticky inflation rate despite a restrictive monetary policy and an extremely high interest rate regime in the last 24 months. At present, the CME FedWatch shows just a 17% chance of a rate cu ...