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Foxhall Capital Management CIO Paul Dietrich on what investors need to consider in a volatile market in order to make money.
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Fox all capital management chief investment officer Paul Dietrich.
He says every investor must answer three key questions to survive and to make money that's what we're about here at fox business and these three questions.
Are they pertaining to the US markets the global markets could be global -- Got to be global pound these things are very very worrisome for the stock market for the rest of the year.
I mean let's face it -- we've been hearing the European debt crisis in Greece is like a damocles sword just.
Hanging over the global economy.
We might have.
Dodged a bullet.
But in June there's another tranches of of huge amount of doubt that Greece has to refinance -- we'll start going through this exact process again in May.
So that truly is that so called sword of damocles that -- dangles over the heads of everyone from a global markets to the investor here who's watching in the United States so that what did they do how do you invest around those issues well that didn't.
Basically.
You've got that issue you've got slowing growth 50% of all the profits of S&P 500 companies come from Europe.
Asia and emerging markets and so I was out of this world is that embellish revenue I have -- -- office.
Come from is 50%.
-- so what we have here.
Is we're going to see slowing growth in the end were Europe's in recession Japan -- flat lining we have anemic growth Asian emerging markets are slowing.
All of these things are going to affect profits and so we are not going to see the good profit earnings reports that we saw.
In the fourth quarter let's keep in mind to the US dollar.
Is stronger because of the fear trade eventually.
Europe has got to come to some type of resolution.
When that happens.
Will the dollar lose -- and what then starts to gain it it it it it's gonna get worse before gets better title because a lot of people believe that Greece is.
Probably going to default in June that's what the Germans they're not gonna keep any of their promises -- -- people are rioting in the streets about -- The Germans are not going to continue to finance and people don't believe they're gonna keep their promises.
The elections are an April and the -- the prime minister is completely opposed to what's going on right now.
All of these things.
Are there are causing a run on banks and that is increasing the dollar and making it very very strong in the United States it's also one of the reasons the gold is going up these are the two safe havens.
Four people.
Right now we should mention that we've got -- of lower third banner here breaking news and that is that the Greek finance minister yesterday it was the Greek.
Conservative leader now what's the Greek finance minister in essence saying that Monday as Ashley Webster reported.
Would be the day that we would have the debt swap announced does -- have to give more credibility to moving higher for our markets.
I have not been this talk to anyone at the International Monetary Fund.
That believes that Greece is going to keep any of the promises that it's made over the last few day Utah we want -- -- they I have not certain -- -- in Washington DC.
Found -- that nobody believes they're gonna keep these promises.
And so we will know by June when the next -- and China and is coming up and that is that is good with the US dollar will stay strong to about.
If Greece defaults the US dollar will be strong but then after that settles down and then the US dollar will.
We'll go -- -- is going to tell you how to invest around us that's what we wanna do we have whatever the news as we can try and at least make you money and Paul is going to do that coming up at closing bell ringing at.
In 49 minutes is the auto industry really back Roger Penske think so he's up next in up Fox Business exclusive and then that.
They just reported a loss recently emerged from bankruptcy and and -- 15100.
Per -- over -- here.
