This transcript is automatically generated
But most of them have -- the question is what you do with -- now Joseph -- a lot of people that are look at that there for a one -- Maybe they've been well invested over the past several years releases several months and they have a huge gain.
And wondering if my bank that gang I'm not that far from retirement -- bank that gain may be moved my money into a money market fund Levy is there's still -- A Black Swan kind of event that could that could really destroy this market -- -- they had look at a Black Swan events David did the -- the possibility would come from Europe.
Because we still need to have day.
Fiscal union as well as a banking union joined the currency union in Europe however for those investors looking at at the market I would say look there's there's three things yet a look at.
There are no big negatives.
Right now valuations are probably a neutral.
The -- the economy and earnings are probably are neutral but the big positive is the -- reserve keeping short term rates low and doing the bond buying program.
Charles thank you don't have to agree with what the Fed is doing with what the administration's -- what congress is doing.
In order to advance that is you've been a big critic of this administration of what the Fed has been doing in its money pretty and yet through the whole thing.
You have suggested some investments that have really paid off I'm just gonna mention a couple of them here we have -- -- Lumber Liquidators zillow dollar tree all of these stocks.
You -- say to get -- two months ago and had the investors the folks out there watching done that they would have made a bundle.
Absolutely you know and I gotta tell you David it's it's it's tough for people to.
To pull away from their ideology or -- -- billing and and and look at the market one thing that no one really talks about that I talk about more than any thing.
It's a fact that on the world the whole world not just Europe and America because that's all we ever talk about but the planet.
There's never been that's must prosperity.
In the planet ever before in the history of humankind and let me.
Let me just talk about want to guess we're looking at some of your picks there look at the last what Chart Industries may you may not be familiar with -- site is one of those wonderful -- -- stocks that.
That he familiar rises you win for the first time right here.
This is an LNG play if you believe in liquefied natural gas that that is the way in which.
The natural gas -- is gonna be it will -- monetize all of these great discoveries this is a stock debated to -- Charles.
I absolutely love and it's probably my favorite number one idea right now -- thing is interesting thing.
This the T Boone Pickens Plan except China has adopted it before America has so Bonneville out there maybe -- maybe get a refund from all the money went to this thing.
Ultimately America will too there's no way the world we can be competitive on -- global stage without taking advantage of right natural gas in the next that its liquefied in the ship but all over the world and make money off of Jared --