Airbnb and Mastercard are cash-rich and profitable businesses making serious headway in a volatile market.
With inflation readings hitting levels not seen in multiple decades, rising shelter, energy, and food prices have started to negatively affect the American economy. Over the last couple of months, consumer prices have begun to stabilize, indicating that the worst of inflation may be over. Here's what hyperinflation means and why these fears are totally overblown (at least in the United States).
This means you need a diversified portfolio of stocks that react differently in various market environments. During times of market turbulence, you often hear about investors taking "a flight to quality." Over that same timeframe, credit card company Mastercard (NYSE: MA) only fell about 2%.