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If Fed Pauses, That Could Create Panic & Stock Picks: BAC, MSFT, ARE
Schwab Network
English - March 21, 2023 17:19 - 7 minutes - 75.2 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Treasury Volatility Is Driving Other Market Volatility
Next Episode: PFXF ETF: Taking Financials Out Of The Equation
"Volatility has been a constant in this market. There are declines in credit due to the regional banking crisis, which might do some of the Federal Reserve's job. I believe that they will raise interest rates by 25BPS during the FOMC. We do not want a stop and go policy like in the 1970s. The job market remains strong and should keep the U.S. out of a recession during the first half," says Burns McKinney. Then McKinney provides his stock picks: BAC, MSFT, and ARE.