12/7/2023 0 Comments 5 stocks to buy now![]() Second, we also include links to advertisers’ offers in some of our articles these “affiliate links” may generate income for our site when you click on them. This site does not include all companies or products available within the market. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. First, we provide paid placements to advertisers to present their offers. This compensation comes from two main sources. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. ![]() The Forbes Advisor editorial team is independent and objective. In a volatile and unpredictable market, Bank of America recently compiled a list of their best stocks to buy now, which we profile below. With uncertainty surrounding government funding and a vacant House speakership, there are plenty of political risks looming in the fourth quarter. ![]() However, the New York Fed’s recession probability model estimates there’s still a 60.8% chance of a U.S. Investors now believe there’s a good chance the Fed can navigate a soft landing for the U.S. Concerns over rising energy prices and a bounce in inflation in August have dampened investor appetite for risk assets, weighing on stock prices. In September, the Federal Reserve opted to maintain its fed funds target interest rate range at between 5.25% and 5.5%, but the central bank hinted that one more rate hike may be coming before the end of the year. The Nasdaq 100 gained 34% in the first nine months of the year, while the iShares S&P 500 Growth ETF (IVW) gained nearly 17%. Technology stocks and growth stocks have performed particularly well so far this year. The bull market rally may have taken a breather for now, but the S&P 500 remains up more than 11% heading into the final quarter of the year, as fears surrounding inflation, rising interest rates, a potential recession and instability in the banking sector have subsided. After a hot start to 2023, the S&P 500 finished the third quarter down 3.7%.
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