Buy 5 High ROE Stocks as Markets Swing on Volatility Woes
Arch Resources(ARCH) Zacks Investment Research·2024-02-02 14:01
Over the past few trading days, the broader U.S. equity markets have witnessed a roller-coaster ride as stocks recovered significantly from a brutal sell-off that was triggered by Federal Reserve chairman Jerome Powell hinting at the unlikelihood of a rate cut in March.Despite healthy inflation data, with the Commerce Department’s personal consumption expenditures price index for December being up 0.2% month-over-month and 2.9% on a year-over-year basis, Powell indicated that more encouraging data was requi ...