Stocks notched another leg down this week after the U.S. Federal Reserve announced a 0.75% interest rate hike -- the largest since the mid-1990s. The goal with this monetary tightening is to bring down inflation, but it's a blunt instrument that could also send the economy into a recession. Three Fool.com contributors think Amazon (NASDAQ: AMZN), T-Mobile (NASDAQ: TMUS), and Albemarle (NYSE: ALB) are a buy after the Fed hiked rates again. Read More...
Motley Fool
5 Surefire Stocks That Can Build Generational Wealth in 25 Years
Since hitting their respective all-time closing highs within the past seven months, the well-known Dow Jones Industrial Average, benchmark S&P 500, and growth-dependent Nasdaq Composite have lost 19%, 24%, and 34% of their value, as of June 16, 2022. Although big declines in the stock market can be worrisome, historical data shows that buying during these dips is a genius move. The key to success, aside from buying stakes in innovative, high-quality businesses, is allowing time to work its magic.
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