Jun 05, 2020
The free market isn’t free anymore, even though a lot of retired and soon-to-be retired folks think it is.
The truth is nothing in the capital markets moves freely anymore, especially interest rates.
Now, frighteningly, because America has morphed into a quasi-command economy where the Federal Reserve dictates economic policy, retirees don’t understand how dangerous most bonds and fixed income products have become in the new normal “socialized capital markets regime.”.
Here’s what’s being manipulated, why it’s bad, how it’s impacting fixed income investments, and what retirees and soon to be retired investors should be doing instead of putting themselves at great risk.
Jun 03, 2020
Airline stocks have been essentially grounded, for very good and obvious reasons.
But, like the rest of the stock market, as the airlines see the economy opening up, as the TSA tells us there are more travelers every day, as investors rotate into cyclical sectors and beaten down stocks, tarmac tied airline stocks should benefit, big time.
That said, timing the rise of airline stocks and choosing individual names isn’t the easiest game in town.
Fortunately, there’s a simple way to play the sector in one fell swoop.
The U.S. Global Jets ETF (JETS) is well worth looking at, if not taking a long-term position in.
This isn’t a new ETF that was put together so investors could suddenly jump into the beaten down sector. The JETS ETF has been around since 2015. But saying it’s been overlooked would be like calling the Grand Canyon a ditch.
No-one paid much attention to JETS, until it became a highflier recently.
Up until early March the fund had only about $33 million under management, that is tiny for an ETF.
As an investment or trading vehicle it was too small for me or my subscribers to bother with, primarily because of its thin daily volume and spreads that were too large to make getting in or out tenable.
That’s all changed.