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Furthermore, according to Democratic Senator Joe Machin, if the Fed continues to maintain its current interest rate policy, it could fuel higher inflation and financial instability.
So, to hedge one’s portfolio against a potential stock market downturn in the coming months, we think dividend-paying stocks Novartis AG (NVS) and PetroChina Company (OTC:PCCYF) Limited (PTR) could be the best bets now.
