NEM News: Bet on These 4 Low-Beta Stocks to Combat Market Volatility - 19th Aug 2024, 9:48pm

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Higher retail sales and low weekly jobless claims in the United States ease concerns about a recession. In the meantime, the market will likely remain volatile as investors are eagerly awaiting Fed Chair Jerome Powell's speech at Jackson Hole, WY, on Aug 23, hoping to gain clearer insights into the future direction of interest rate cuts. Thus, there is a crucial need to construct a portfolio of low-beta stocks, which are expected to provide robust returns while mitigating the impact of market vo...

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