The Nasdaq Has Plummeted 14% in 2022, but These 3 Dividend Kings Have Shrugged It Off

The Nasdaq Has Plummeted 14% in 2022, but These 3 Dividend Kings Have Shrugged It Off
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On Wednesday, the Federal Reserve confirmed intentions to begin raising interest rates in March. Fed Chair Jerome Powell hinted to expect the unexpected, stating that the Fed would take a flexible approach to raise rates and respond to inflation as needed. Although it's a reasonable position to take, and could be the best course of action long term, the U.S. stock market tends to hate short-term uncertainty.