3 Supercharged Dividend Stocks to Buy in the Stock Market Sell-Off
Stock market crashes and corrections happen. Since the beginning of the year, the S&P 500 has been down over 17%. In fact, since the end of World War II, the benchmark index has tumbled more than 10% around 30 separate times.
A bear market of at least a 20% decline will also eventually happen again, maybe even this month. Soaring inflation, stubborn supply-chain problems, and a Federal Reserve determined to raise interest rates to combat runaway price increases make the likelihood all the greater.
St. Louis Fed president James Bullard said it's a "fantasy" to believe the worst inflation the U.S. has experienced in 40 years could be tamed by tiptoeing around it. He indicated a need for aggressive interest rate hikes to the point where economic growth stops, and …
More on: www.fool.com