Buy 5 Low-Beta High-Yielding Stocks Amid Sagging Consumer Sentiment

On March 14, the University of Michigan reported that its Consumer Sentiment Index for mid-March plunged to the lowest level since November 2022. Uncertainty regarding the Trump administration’s tariffs and trade policies, and their impact on the U.S. economy, especially on an already-elevated inflation rate, rattled market participants’ sentiments. Moreover, signs of cracks in a resilient labor market, dwindling personal spending reflected in lower-than-expected retail sales, prolonged softness in the manu ...