
Touch Base on the Mid-2018 Economy
Keeping up with the news in 2018 is a monumental feat. Frank Holmes, CEO and CIO of U.S. Global Investors, says investors should focus on fiscal policy changes and the global movement towards streamlining regulations.
Keeping up with the news in 2018 is a monumental feat. Instead of tracking presidential tweets and headlines, Frank Holmes, CEO and CIO of U.S. Global Investors, says investors should focus on fiscal policy changes and the global movement towards streamlining regulations. Deregulation historically creates a sustainable economy and that is what is important to pay attention to in his opinion.
“It’s amazing to me that the U.S. dollar isn’t screamingly higher,” Frank says in a recent interview. “Look at Japan. Ten-year bonds are ten basis points. Europe is 60 basis points. U.S. is over 300 basis points.”
For a complete explanation of Frank Holmes’ thoughts on the U.S. economy in mid-2018, watch the video below!
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All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
A basis point, or bp, is a common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01% (0.0001).
The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies.
The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
Chicago Board Options Exchange (CBOE) Volatility Index (VIX) shows the market’s expectation of 30-day volatility.