Inflation at 7.7%: 2 ‘Strong Buy’ Dividend Stocks That Beat This Rate
November 11 2022 - 09:25AM
TipRanks
Sometimes, a single new data point can break up the most complacent
of outlooks. After 10 months of markets trending down, inflation
rising, and the Federal Reserve hiking interest rates, it was only
natural to assume that the rest of the year held more of the same.
And then October’s inflation print broke that mold. It came in at
7.7% annualized, significantly less than the 8% expected. While
still near 40-year highs, and still up 0.4% month-over-month, the
October number indicates that the rate of increase may be slowing
down. It’s not the end of inflation, but it has given investors a
ray of hope. The S&P 500 jumped 5.
https://www.tipranks.com/news/article/inflation-at-7-7-2-strong-buy-dividend-stocks-that-beat-this-rate?utm_source=advfn.com&utm_medium=referral
OneMain (NYSE:OMF)
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From Aug 2023 to Sep 2023
OneMain (NYSE:OMF)
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From Sep 2022 to Sep 2023