Also in this playlist...
This transcript is automatically generated
So -- -- -- for a while we were hearing so much about double dip recession that Corus was so loud wolf for months now it's really quieted down barely hear a peak.
But with these high oil prices squarely in our faces my next guest says that it's the one thing that.
That could -- US economic growth and maybe your portfolio but Kevin -- -- -- Is the Alpine dynamic dividend fund portfolio manager one point eight billion in assets under management.
He is here to help us hedge our bets against that kind of thing.
Can you and do you think that oil was going up much higher.
I mean it's definitely a risk tomorrow we'll find out of close to half of 500 billion dollars.
More liquidity being injected into the coming on -- ECB usually when QE of that nature happens.
-- who ends up in pushing up commodity process -- oil.
And then who knows what's gonna happen I would Israel Israeli -- -- conflict that that's another -- -- definite push up the oil price.
-- folks we need to -- we hear this LT RO.
OK you're gonna hear that a lot between now and early tomorrow morning and that's the European central banks called long term refinancing operations.
The number that were expected and this is just the big gigantic amount of money that they're throwing in to save.
The banks are at least prop them up at the moment in Europe is what 490 Billy.
Yes that's the consensus of economists.
-- out there.
But you know could be 10% to another direction.
So but what -- is it's a lot of money and then it puts -- lot of liquidity into that system that liquidity needs to find a home.
And you know oil crisis seem to be a good investment.
That's is my computer very loud we'll turn turn that down in a -- but in the meantime let's get back to high oil prices and I guess when you look at what's happening here how do you hedge how do you bet around it for your portfolio if I am an average retail investor right now.
I know it's hard because everybody is -- different age with a different risk time one but what should -- be doing with my portfolio.
So we think it's a good idea it's mention you have good exposure to -- into stocks -- -- -- here right now yes.
But more importantly you want to have focus on hot dividend yield companies which would perform well.
In a slowing economic environment because interest rates are very low.
And I'll see you you want to have exposure to defensive secular growth.
Which back -- those companies that will do -- no matter what the economy does.
You just heard -- the nymex trader let me push you on this say.
Will start to look tired after seven days of upward moves.
-- -- really think it's gonna go to -- well in -- not -- what we've seen this before we we started lost your with a very strongly -- On the growth in the US and then we have to Arab Spring and we had that you know there's Japanese earthquake and these.
You know outside events pushed oil price higher and and that is a risk right now and and the oil process has been rallying -- some oil market is definitely worried right now.
OK Kevin says defensive plays dividend plays and the ability to pay out long term low interest names -- the what does that really mean guess what he's going to name names coming up in just a few minutes thank you very much.
And yes I -- -- was able to hit the mute button on the computer.
Filter by section