The Latest Breaking News on Economic Optimism Soars as Americans Embrace Promising Outlook for 2024

The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and elevated inflation, the government said in a downgrade from its initial estimate

Amid the diminishing likelihood of a Fed pivot and recession odds soaring, a bear market could be expected anytime soon. Therefore, investors can scoop up quality stocks Walmart (WMT), AbbVie (ABBV), and CVS Health (CVS) now. Read on….

Despite the consecutive rate hikes, the U.S. economy remains resilient amid robust consumer spending and a tight labor market. So, given the Dow Jones’ steady start to 2023, we think quality Dow stocks Coca-Cola (KO) and McDonald's (MCD) could be great buys now. Keep reading.

A strong labor market has renewed anxiety about continued rate hikes amid the unending debate regarding an impending recession or a strong recovery. As the Fed's next steps will likely act as a speed bump down the road, fundamentally strong companies that investors are buying this year, Comcast (CMCSA) and…

With inflation still alarmingly high, the Fed’s rate hikes might continue. This is raising concerns over the possibility of a recession. Therefore, quality dividend-paying stocks Altria (MO), International Paper (IP), ICL Group (ICL), and Spok (SPOK), yielding more than 4%, might be ideal buys now. Read more.

Amid soaring concerns over an impending Fed-induced recession, the stock market could remain volatile in the near future. Against this backdrop, investors could add stable stocks Johnson & Johnson (JNJ) and Novartis (NVS) to their portfolios in 2023 to garner good returns. Read on….

Sticky inflation might trigger more rate hikes this year, which could keep the stock market under pressure. Hence, investors could consider buying fundamentally strong stocks Stellantis (STLA), Honda Motor (HMC), MasterCraft Boat (MCFT), and Genie Energy (GNE) given the uncertainties. These stocks are rated A (Strong Buy) in our proprietary…

Grocery prices were back up in January after a December respite.

Asian shares have fallen after stocks tumbled on Wall Street as worries persist about higher interest rates and their tightening squeeze on the global economy