As inflation is still far from the Fed’s target, interest rates are expected to remain elevated this year. The interest rate hikes are expected to keep the stock market under pressure.
Amid uncertainties, large-cap stocks are considered safer options due to their ability to generate stable cash flows and lower volatility, irrespective of the economic condition. I think large-cap stocks, AbbVie Inc. (ABBV), The Coca-Cola Company (KO), and Oracle Corporation (ORCL), look poised for a bull run despite the lingering macro issues.
