3 of the Smartest Stocks to Buy in a Fed-Induced Bear Market
Since hitting their respective all-time highs between November 2021 and the first week of January, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all entered a bear market, with peak drops ranging from 22% to 38%. Although there are a lot of factors that have pushed Wall Street into the grips of a bear market, the bulk of the finger-pointing is rightly aimed at the Federal Reserve. In hindsight, the Fed's dovish monetary policy, including its decision to sustain quantitative easing measures (i.e., long-term bond-buying designed to keep lending rates low), was a key component of the runaway inflation rate experienced this year.
Published:11/17/2022 4:53:13 AM