Resilient U.S. Economy Defies Recession Despite 11 Rate Hikes and Political Uncertainty
New York, NY – Despite facing 11 consecutive rate hikes as of March 2022, the U.S. economy has managed to steer clear of recession, thanks to the unwavering resilience shown by both consumers and businesses. The market has been propelled by improved earnings and a rise in equity allocations by Americans who are increasingly concerned about the reliability of Social Security in the future. Market strategist Stoltzfus highlighted the importance of sector diversification and how …