Stock traders and capital gains-focused investors have their fingers crossed and capital bets on the Federal Reserve starting to cut interest rates soon.
Based on recent inflation and employment data, I think it’s very possible that the Fed will not be that quick to cut rates. I am in the higher-for-longer camp and believe investing in companies that benefit from higher rates will continue to pay big dividends.
Because of that, I think there’s one specific asset class you should be buying right now…
This post originally appeared at Investors Alley.