Giles Coghlan LLB, Lth, MA
Financial Source
Increasingly investors are concerned that the Fed is making a policy mistake and that they are hiking rates just as growth is slowing. The worry is that with the yield curve flattening, inflation breakevens falling, and growing chances of a 2024 rate cut mean the US is heading into a recession.
One of the sectors that can thrive in a recession is that of household goods. People always need to eat and drink, whatever the economy. Therefore, is now a good time to buy PepsiCo shares?
PepsiCo has a period of strength from February 16 through to April 17 with gains in 12 years of the last 15 years. The average return has been +4.08% and the annualised return was +27.76%.
Major trade risks: The main risk here is any bad news for PepsiCo.
Our products and commentary provides general advice that do not take into account your personal objectives, financial situation or needs. The content of this website must not be construed as personal advice.
Recommended content
Editors’ Picks
EUR/USD Weekly Forecast: Sellers gain confidence alongside the Fed Premium
The EUR/USD pair fell towards a fresh two-month low of 1.0900, finishing the second consecutive week in negative though little changed at around 1.0940.
Read full analysis
GBP/USD Weekly Forecast: Pound Sterling stays vulnerable ahead of UK inflation data Premium
The Pound Sterling (GBP) booked the second straight weekly loss against the US Dollar (USD), sending the GBP/USD pair to the lowest level in a month below 1.3050.
Gold Weekly Forecast: XAU/USD holds above key support area after bearish action to start week Premium
Gold (XAU/USD) declined sharply in the first half of the week but regained its traction after coming within a touching distance of $2,600.
Bitcoin Weekly Forecast: Will BTC decline further?
Bitcoin’s (BTC) price fell over 6% at some point this week until Thursday, extending losses for a second consecutive week, as it faced rejection from a key resistance barrier.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
Five best Forex brokers in 2024
VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals.