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Wells Fargo Bullish on These 2 Stocks for Over 50% Upside
Inflation started taking off last year and is now near 40-year highs. Last week, the world’s major central banks took a pivot toward an anti-inflationary policy stance, bumping up interest rates in a move that was expected but also a cause for concern. While the prospect of central bank action to tame inflation is a net positive, the required interest rate bumps could also push the economy into recession. In the meantime, investors are busy waiting. Waiting for the next Fed move, and waiting for