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Reliable Rewards: 7 Dividend Stocks to Count On in Any Market
ABTAbbott(ABT) investorplace.com·2024-05-27 16:46

Earlier, the Federal Reserve stood poised to cut the benchmark interest rate, which boded well for reliable dividend stocks. Essentially, Uncle Sam’s high yields wouldn’t compete with the passive income stemming from private enterprises.However, the latest reading from the pulse of the labor market shows that fewer Americans are filing for unemployment benefits. Per Reuters, this dynamic points to sustained strength in the underlying economy. If so, more money is chasing after fewer goods, which is inflatio ...