NEM News: 7 Blue-Chip Stocks to Protect Your Wealth as the Economy Slows - 16th May 2024, 8:10pm

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For Q1 2024, GDP growth in the United States decelerated to 1.6% from 3.4% in the last quarter. There is no doubt that factors like high interest rates and geopolitical tensions have impacted growth. At the same time, inflation has been relatively stubborn, and potential rate cuts will likely be delayed. The markets are, therefore, likely to witness some nervousness. From an investment perspective, it’s a good idea to look at blue-chip stocks to buy with a low beta.

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