Soaring fears of an economic slump had triggered market volatilities, which could linger for a while. Given such uncertainties, let us explore Ameresco, Inc. (AMRC), Arqit Quantum Inc. (ARQQ), and Better Therapeutics, Inc. (BTTX), with poor quality ratings in our proprietary POWR Ratings system.
Even though the inflation eased to 5% in March 2023, it is still way too high than the Fed’s target of 2%. There are anticipations of further interest rate hikes to fulfill the target of taming the sticky inflation. Cleveland Fed President Loretta Mester believes that interest rates need to rise above 5% due to persistent inflation.
