Got $5,000? 2 Stocks the Fed's Rate Decision Just Made More Attractive
Stock investors tend to think that lower interest rates translate into higher stock prices. While that is often true, some companies benefit when interest rates hold steady, and yes, many of those are outside the financial sector.This is because comparatively higher rates are often a sign of economic health. Moreover, many companies have attained a level of wealth that allows them to invest as they please, regardless of interest rate levels.In today's environment, the Fed has held off on further interest ra ...