5 Low-Beta Stocks to Buy Amid Sinking Consumer Confidence

Americans, who were till some time back confident about the nation’s economy, have suddenly started growing more concerned about the future. A sudden jump in inflation in January appears to have dented their confidence.The Conference Board said on Feb 27 that consumer confidence declined to 106.7 in February after increasing to 110.9 in January, when confidence level hit a two-year high. The unexpected decline comes after three straight months of increase.Consumers' expectations of inflation fell to 5.2%, h ...