Despite the Fed’s consecutive rate hikes and high prices, U.S. retail sales increased marginally month-over-month in October 2022. As the economy shows resilience, experts hope that…
the U.S. might be able to avoid a downturn.
Moreover, according to Goldman Sachs Research, the U.S. stands reasonable chances to achieve a ‘soft landing’ and avoid recession in 2023.
Also, Fifth Third Bank (FITB) Chief Investment Strategist Jeffrey Korzenik said, “It’s hard to imagine a deep recession when you don’t have a problem in the financial sector, when you don’t have high indebtedness levels and when you don’t have massive dislocations in the economy.”
While there’s a surge in optimism, caution remains. So, investors looking for early retirement could consider buying quality dividend-paying stocks, Microsoft Corporation (MSFT) and Cigna Corporation (CI), for a stable income stream.
Microsoft Corporation (MSFT)
MSFT develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing.
On November 16, 2022, MSFT and Lockheed Martin Corporation (LMT) announced the expansion of their strategic relationship to power the next generation of technology for the Department of Defense. This agreement should be beneficial for the companies.
Also, on November 14, 2022, MSFT launched the MSFT Supply Chain Platform. Charles Lamanna, corporate vice president of MSFT Business Applications and Platform, said…
Continue reading at STOCKNEWS.com
