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Global X Funds CEO Bruno Del Ama and RDM Financial Group CEO Ron Weiner on investing strategies in this market environment.
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Oh yeah let's bring in our market panel we have what Ron -- he is RDM financial group CEO and Bruno -- Lama he is global -- funds CEO good to see you both guys -- -- -- just talking about the profit margins.
Forty Amazon and how -- that usually is.
Let's talk about the profit margin for this market when when you get to a top of the market and we may go higher bad a lot of people think we will go higher but it clearly we're at the -- operation -- That the profit is gonna be thinner is it not we're gonna see not gonna see the big gains from equities that we did in 2012.
-- as the broad averages and then there's individual stocks and is individual sectors what we just talked about the spy have talked and -- for the moment about the broad averages.
Broad averages -- Will -- be a little weak going into -- second quarter.
With thinking and we're hoping that third quarter look a little bit better but -- bank may not get a whole lot of pop up until election.
Okay Ron bronze usually -- -- up he's he's kind of relaxed at the moment but he's bullish Bruno what about you if you feel bullish I know that you are worried about something that.
People talked about in hyper and sense of right before the end of the year and that is -- the sequestration meaning the spending cuts that would kick in.
Because we didn't reach a deal a whole deal when it came to the fiscal -- -- so worried about that.
Well it's certainly an important factor to lives to to keep an eye on nightly look at the -- growth that we expect for a 2013 we're looking at about six and a half percent.
Hi any sequestration that that -- implement significant cuts to spending will probably take away about 1% of that.
How we don't expect that quite -- matches.
Is that to be implemented but how we do expect a little bit of spending cats and a little bit of head winds to our GDP growth that he doesn't.
Actually that would affect the markets in their entirety or just certain names like the aerospace names of defence names well clearly they're gonna be certain sectors that are -- going to be more directly impacted and -- But it's really gonna trickle down throughout the economy and our consumer spending.
-- it's gonna have an impact on the market as a whole.
But they're certainly out certain sectors that will continue to do well.
How we specifically like cash energy I mean that's a sector that just booming right now.
Well Ron let's talk about the tech sector is specific stocks and of course everybody's looking at apple right now what's it's obviously.
In a class by itself it's not really a Bellwether for anything but apple right now however some people think it it is a -- at this what would you buy and apple and and related stocks like welcome.
-- that's exactly the -- -- I had in mind.
Apple now if you factor out the 1000000138.
Billion of cash trading at about seven and a half times earnings.
The company still growing at thirty -- Amazon for example she's got -- it's it's a cheap stock.
Fact -- was a -- stock at 600.
But it's -- -- stock now and that it's its brother in if you will don't wanna go specific apple.
Then go -- Qualcomm because Qualcomm -- apple and Samsung.
And Nokia and rim they sell to a halt its smarts phone sales that are the theme that that people should be going within -- -- I would.
-- but what about the dividend let's let's just quickly as we finish up your Bruno you like some dividend names of Procter & Gamble's a dividend name but why -- still that was very played to trade in 2012.
Dividend has been played all -- but when you look at -- dividends or credit they're typically played on dividends stability names we actually like.
How will we refer to a super dividend payers companies that actually -- -- by super will really mean 789 and 10% dividend payers.
How -- -- companies that are generally -- high risk place.
In reality that -- that those companies generate.
Actually make us companies generally been less volatile so we like them very high dividend payers -- -- -- Ron -- great to see you both guys thanks very much for these guys and as for a per.
