You're watching...

Trading Advice From Cantor Fitzgerald CEO

Details

  • Description

    Cantor Fitzgerald CEO Howard Lutnick offers investing advice for solid returns.

  • Duration 2:53
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Up down all around how -- -- make money in this market let's bring back our Atlantic chairman and CEO Kevin FitzGerald -- partners pretty Smart guy.

Well what is the trade now bull run for a bunch of things but.

If your friends come to -- I'm talking the good friends who put on -- actually answer the bombings either caller -- -- -- -- -- what should -- be putting my money in what's the number one thing so.

I like corporate bonds for the guys who come and see me and say you know I needed good return but I don't -- -- take so much risk.

Right IPOs in tech land there's still high pay out high risk the same as the old days that's why -- -- -- go public good or bad at least didn't get the deal done.

But you know what high risk high return.

Good companies not -- companies Coca-Cola the yields are just too darn well.

Good companies have nice yield 678%.

Right -- FitzGerald had an 8% bond by PG she has an 8% bond getters would like I -- six and three quarters.

You know those cutting yields are really good solid companies that aren't going anywhere that's a really good back any non financial ones that you know of that you really like.

Why don't you know I haven't really looked at the -- been going through pages and pages and trying to help my friends that they look good yet solid companies you should know the company should understand the company not over leveraged.

Because what happens is the really really helping companies.

That that Coca-Cola is the famous ones are borrowing what US treasuries and we know the US treasuries -- rates just artificially too low.

How what you wanna find is the spread where you can get a good return with a good -- The Howard look -- trade that's worked pretty well that you've given to our viewers over the past year has been the US dollar is that long.

The US dollar is that trade still in play you've got to love the US -- right Europe is just going to copy everything we do they not copying.

It just a couple of years behind remember the worst thing that a -- to us the Great Depression.

The worst thing that ever happened in Germany hyper inflation so they're just afraid to cut like we -- but their economy what any better than ours no way we've got.

Fifteen trillion dollar economy.

In military and the key our own printing press we print money -- all presidents -- deep print ready when Britain is on it.

And once you bought -- other people's money.

You've got serious problem so you've got to love the dollar against the Euro not minute to minute.

Month to month.

Next two years you've got to love that the Sanders coming up to talk about gold give me one line on -- like caterers I don't blame trade interest rates go up.

Gold goes down right now you can hang pictures on the wall really cheap right rich people used to say.

At 8% interest I don't wanna hot put a picture on the -- it's too expensive I don't -- -- carry gold it's too expensive.

Gold is free to hold -- pictures of three to hold so are prices through the roof gold through the roof.

Interest rates come up.

Gold straight there.

One last question yes or no QE3 the Fed -- they do it apps that absolutely it's like a cruise ship yet -- true.

You definitely definitely on the road to QE.