Federal Reserve Chair Jay Powell laid it out Wednesday, and Wall Street has expected it for some time. The tapering of quantitative easing was doubled, and two and perhaps three interest rate hikes are expected in 2022 and three in 2023.
The concern for many is that the current white-hot inflation becomes increasingly more painful next year, and with the stock market trading at the highest aggregate price-to-earnings ratio since the late 1990s dot-com bubble, we could be in for some very tough sledding in 2022.
Many across Wall Street feel that the place to be when inflation rears its ugly head is in commodities and real estate, so we screened our 24/7 Wall St. research database to look for Buy-rated stocks in those categories that also paid sizable and reliable dividends.
Here are six that look very attractive now.
The post 6 Big Dividend Paying REIT and Commodities Stocks That Could Explode in 2022 originally appeared at 24/7 Wall St.