2 Beaten-Down Stocks to Buy Before the Next Bull Market Begins

2 Beaten-Down Stocks to Buy Before the Next Bull Market Begins

The Federal Reserve's latest 75-basis-point interest rate hike sent another shockwave through the stock market, ramping up worries among investors about inflation and possible recession. Fed officials admit further hikes could come this year, estimating that the benchmark rate could hit 4.4% by the end of 2022, and rise to 4.6% sometime in 2023. If interest rate hikes do ease, the stock market may calm a bit next year.