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An Independent Fed

By:

Chief Strategist at Interactive Brokers

Steve Sosnick, Interactive Brokers’ chief strategist, discusses the importance of an independent Federal Reserve. The Fed does have reporting and other aspects that cause interaction with the government, but they also look to put their dual mandate into action. Sosnick believes their recent actions have shown that they are achieving this mandate.

Produced on July 9, 2019

Disclosure: Interactive Brokers

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

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