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Markets Volatility Pushes Investors Into Stocks With Stable Dividends & Earnings

July 20, 2023
in Trade Tube
Reading Time: 1 min read
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As we wrap up this shortened trading week, the markets are gearing up for Friday’s March labor report. Economists say 247,000 jobs were added to the economy during the month. In the backdrop is the Federal Reserve’s looming rate hike, which has been causing plenty of volatility across the markets in recent months. Amid the vast price swings seen in equities, Dan Suzuki, senior investment strategist at Bank of America Merrill Lynch (BAC) tells TheStreet’s Scott Gamm that investors will be flocking towards higher quality stocks, as a result. Suzuki also comments on sectors to watch and shares his take on when the central bank will lift rates higher.

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