By John Persinos Welcome to the frustrating stock market. Stocks have moved sideways over the past two months due to the lack of major economic catalysts. Wall Street's confidence is low, as investors grapple with mixed data. Stocks will be stuck in a narrow trading range into the foreseeable future, until we learn the Federal Reserve's next move. The Fed's policymaking Federal Open Market Committee (FOMC) meets June 13-14. Until then, equities will probably continue to tread water. Investors expecting a dovish pivot have suffered several "head fakes" this year. Maybe this time around, that optimism will be justified. Read More... These "boring" stocks eat inflation for breakfast... | Forget Inflation...These "safe haven" stocks eat inflation for breakfast. Mounting inflation seems to have the economy in a chokehold... with many Americans struggling to keep up with monthly cost of living. This simple strategy could help you kick inflation in the teeth stuff your wallet with steady (and rising) cash payouts...even in this crazy market. Get the full story |
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