Consumer Sentiment Hits New Low: 4 Low-Beta Utility Stocks to Bank On

Wall Street has shown signs of rebounding in the past couple of weeks, but consumers remain concerned about the economy’s health. Growing worries that tariffs will push the economy into a recession and high inflation have been denting consumer sentiment.Consumer sentiment fell for the fifth straight month in May, hitting nearly rock bottom on these concerns. With the Federal Reserve unlikely to go for a rate cut in the coming days, markets could remain volatile for a longer period.Given this situation, it w ...