3 “Strong Buy” Stocks Flirting With a Bottom

Reuters

Fed officials to sell stocks to avoid apparent conflict of interest

Two Federal Reserve officials said on Thursday they would sell their individual stock holdings by the end of the month to address the appearance of conflicts of interest. Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren issued statements saying they would invest the proceeds of those sales in diversified index funds and cash savings and would not trade in those accounts as long as they are serving in their roles. In the forms, first reported by the Wall Street Journal https://www.wsj.com/articles/dallas-feds-robert-kaplan-was-active-buyer-and-seller-of-stocks-last-year-11631044094, Kaplan disclosed he held a total of 27 investments in individual stock, fund or alternative assets that were valued at over $1 million each.