In July, U.S. consumer spending increased significantly, indicating that worries about a near-term recession were probably overblown.

U.S. markets suffered significantly on Aug 9 after comments from President Trump sparked off fresh trade-related worries.

The new budget deal is being touted by Trump as a major victory for the armed forces. As a result, spending on defense will rise significantly in the near future.

Investing in retail stocks looks like a smart option at this point. Here are five picks.

The Fed Chair has strongly hinted at a near-term rate cut, possibly later this month. Rate-sensitive investments like utilities and REITs, which offer attractive dividends, are useful additions to your portfolio under such circumstances.

With trade tensions ebbing, better times could lie ahead for the economy. It makes good sense to add business services stocks to your portfolio.