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Give Your Portfolio some SWAGGER
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Trean Group’s Scott Shellady on his investment strategy ahead of the fiscal cliff.
- Duration 1:26
- Date Nov 15, 2012
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Trean Group’s Scott Shellady on his investment strategy ahead of the fiscal cliff.
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Joining the company now from Chicago stock validating welcome back -- always good to Syria.
On returning to theme slack up.
Syllable Y in ought to gold energy real estate -- WA GE off.
You sticking with that as an investment -- -- portfolio and investment vehicle.
I am I mean some of those are little bit more liquid and others but yes and this is one of those few times the government's almost.
Basically telling you to be in that because like we've said earlier they're gonna print until they run out of make.
Or paper so it's not gonna happen in the you know any time zone number two is the government's also telling you about real estate is that with the forty billion of the putting every month in the mortgage backs.
They're telling you to be in real estate so it's one of those things -- very -- get.
That the government's gonna actually do what they're safe at -- say they're gonna do and we're gonna see those things in -- Where's the inflation you -- -- mommy we're told we're gonna get inflation would have looked if CPI Consumer Price Index up.
Point 1%.
That's not inflation.
You know -- we don't have inflation is because we don't have a plan.
You know what the the -- -- companies.
Did not do very well the last quarter but they've got more cash on the books and they've had since 1955.
So what we need to have is a plan out of Washington and have this administration let these CEOs know we're we're gonna be going over the next four years and once that wave of catches on -- You -- see some inflation you'll see some jobs and you'll see that housing market pick up but until we have a plan we're not gonna have inflation thought we -- yes gosh -- always a pleasure thanks for joining us pres.