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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

2 Reasons to Buy the Dip on Amazon Stock in 2023

Will Ebiefung, The Motley Fool
·3 min read
2 Reasons to Buy the Dip on Amazon Stock in 2023

Down 35% over the last 12 months, the stock of Amazon (NASDAQ: AMZN) has been a roller coaster ride for investors. This could encourage the Federal Reserve to ease off its restrictive monetary policy without tipping the U.S. economy into recession -- a scenario often called a "soft landing." For Amazon and other growth-oriented stocks, this is a huge green light because Fed policy affects investors' willingness to pay premiums for their future earnings and cash flow.

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