As recent economic data beat expectations and inflation is well above the Fed’s 2% target, the central bank will likely increase interest rates again at its next meeting rather than leaving them unchanged as previously anticipated. Continued rate hikes and other macroeconomic headwinds are expected to keep the stock market volatile in the near term.
Therefore, it could be wise to invest in stable stocks Hitachi, Ltd. (HTHIY), Honda Motor Co., Ltd. (HMC), HOYA Corporation (HOCPY), which could help navigate the prevailing volatile macro environment.
