In turn, consumers have little choice but to cut back on their spending. For one thing, inflation and interest rates (which obviously impact borrowing costs) both stand at elevated levels. However, that’s probably not an excuse to lose vigilance. GDP for the third quarter sizzled against expectations.
Just like in a game of baseball, all it takes is one bad inning to see a big lead evaporate. While the rest of Wall Street may be basking in the glow of screaming-hot economy, contrarian investors may want to consider the best stocks for a volatile market.
