HomeInvestingBondsCOST, DPZ: Seek Higher Ground During A Financial Storm
COST, DPZ: Seek Higher Ground During A Financial Storm

Rising interest rates are negatively impacting valuations of stocks, says Andrew Wang. He discusses how the Fed's inflation fight is hurting bond prices, and a corporate profit recession is likely to last a couple of quarters. He then goes over his stock picks which include Costco (COST) and Domino's (DPZ). He notes that consumer staples stocks are like seeking higher ground in a financial storm. Tune in to find out more about the stock market today.

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19 Oct 2022

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