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5 Must-Buy Retail Stocks to Enhance Your Portfolio
AEOAmerican Eagle Outfitters(AEO) Zacks Investment Research·2024-02-09 14:30

The U.S. economy remains resilient even though the interest rate is currently at its 22-year high. The Fed is yet to give any information on the date of its first rate cut. On the contrary, in its January FOMC meeting, the central bank gave a clear indication that a much-hyped interest rate cut in March is out of sight.Despite a tough scenario, the labor market remains resilient, the services PMI (Purchasing Managers’ Index) is expanding gradually and the manufacturing PMI has shown signs of improvement. Mo ...