Economists believe that the economy has already entered a recession after two consecutive quarters of economic contraction. Therefore, one could consider investing in a stable REIT like Alliance Global Group (ALGGY) to generate steady dividend income and survive the market volatility. Read on to learn our view….
The Fed’s attempts to keep the red-hot inflation under check by aggressively hiking the benchmark interest rates have kept the economy under severe stress. The GDP decline for two consecutive quarters makes many economists believe the economy has already entered a recession.