COST, MPW, ENB: Hedge Your Bets with These Stocks
Amid a high inflationary environment and the U.S. Fed’s hawkish stance to contain it, Costco (NASDAQ:COST), Medical Properties Trust (NYSE:MPW), and Enbridge (NYSE:ENB) (TSE:ENB) could provide some respite to investors'' worries in protecting their investment portfolios. However, before we prove our stance on the stocks mentioned above, let''s understand why the major indices, SP 500 (SPX) and Dow Jones (DJIA), were down yesterday. August''s Inflation Data Irk Investors U.S. stocks marked a significant decline on Tuesday after August inflation numbers irked investors. The SP 500 (SPX) and the Dow Jones Industrial Average (DJIA) Index fell 4.3% and 3.9%, respectively, in response to the CPI numbers.
COST, MPW, ENB: Hedge Your Bets with These Stocks
Amid a high inflationary environment and the U.S. Fed’s hawkish stance to contain it, Costco (NASDAQ:COST), Medical Properties Trust (NYSE:MPW), and Enbridge (NYSE:ENB) (TSE:ENB) could provide some respite to investors'' worries in protecting their investment portfolios. However, before we prove our stance on the stocks mentioned above, let''s understand why the major indices, SP 500 (SPX) and Dow Jones (DJIA), were down yesterday. August''s Inflation Data Irk Investors U.S. stocks marked a significant decline on Tuesday after August inflation numbers irked investors. The SP 500 (SPX) and the Dow Jones Industrial Average (DJIA) Index fell 4.3% and 3.9%, respectively, in response to the CPI numbers.