Worried About Inflation? Why Buying Stocks With This 1 Trait Could Be the Smartest Investing Move You Make in 2024.
Over the last couple of years, there hasn't been a single topic that has attracted more attention than inflation. And there's a good reason for this situation. The Consumer Price Index, a key measure of inflation in the U.S. economy, reached a 40-year high in June 2022.
This prompted the Federal Reserve to hike interest rates aggressively starting in 2022. The result was poor stock returns last year. Even though the CPI has been cooling down meaningfully in recent months, some investors might still be worried about the impact of rising prices across the economy.
I'm here to tell you that not all hope is lost. If this sounds like your mentality about the macro environment, then buying stocks with one magnificent trait could be the smartest move you can make in 2024.
Source Fool.com
