The FOMC has a deepening conflict with its ‘dual mandate.’ Let’s take a closer look at that now with our Chief Equity Strategist and Economist, John Blank.
1. What is the conflict exactly?
2. Is there a compromise available to the Fed?
3. Are there any secondary concerns to all of this?
4. Does the inflation rate factor into this at all?
5. Any impact on this from the current Iran conflict?
6. Does the FOMC have any thoughts on this?
7. Do you see them addressing this at their next meeting?
8. In light of this and given the state of uncertainty regarding our economy, what’s your Fed rate policy outlook?
9. Three large cap Zacks #1 (STRONG BUY) picks, that should keep trader’s interests include Chevron CVX, HSBC Holdings plc HSBC and Advantest Corporation ATEYY.
Our Chief Equity Strategist and Economist, John Blank, on the Fed’s dual mandate conflict. With John, I’m Terry Ruffolo.
Zacks' Research Chief Picks Stock Most Likely to "At Least Double"
Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.
See Our Top Stock to Double (Plus 4 Runners Up) >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Chevron Corporation (CVX): Free Stock Analysis Report
HSBC Holdings plc (HSBC): Free Stock Analysis Report
Advantest Corp. (ATEYY): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).