In 2024, UBS expects disinflation and rising unemployment to impact economic output, prompting the Federal Open Market Committee to implement proactive rate cuts. The Federal Open Market Committee designed the initial cut to prevent the nominal funds rate from becoming overly restrictive amid falling inflation, with subsequent cuts later in the year to counteract economic weakening.
This means that in order to shield yourself from any economic recession affecting your portfolio, invest in these three undervalued stocks to triple your money that can only rise in price.
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