Seeking at Least 8% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy

Seeking at Least 8% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy

There are plenty of reasons for caution in the markets right now. The big point is inflation, which is stubbornly high and continuing to rise. In response, the Federal Reserve has begun to raise interest rates and tighten up on monetary policy – but this raised the possibility of recession, a fear that just go a boost from the 1Q22 GDP numbers, which contracted at an annualized rate of 1.4% for the quarter. This is a dramatic change from the blistering near-7% growth reported in 4Q21, and back up fears that the combination of inflation and a Fed policy switch is starting to stifle economic activity.

On top of all that, we’re also looking at renewed, and even harsher, lockdown policies in China, which bodes ill for that country’s manufacturing and export sectors – and slowdown in China’s exports will have a heavy impact on US consumption.

And if all that weren’t enough, there’s the Russia-Ukraine war. The economic and trade sanctions imposed on Russia by the Western nations are still reverberating in the world’s financial sectors, impacting banks and commodity markets.