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The market's getting hit here a little bit wanna bring a market watcher Al Harrington because Kyle.
You know I know for the most part your -- about a lot of things with respect to the economy politics I think you are but.
By the same token you know you've been in the market I want to talk about the second half of the year.
Bearish bullish and why.
I'm I I am cautious okay Charles and they don't get me wrong -- I love the US equity markets it's the only place to be.
All I'm suggesting is be prudent.
Be diversified and be very vigilant.
I think that we still have they been amazingly sluggish GDP growth at one point 8% for the first quarter this year the revised number.
I still think we have an unemployment rate that's over seven and a half percent for a lengthy period of time.
We're on our way to seventeen trillion dollars in national debt.
This is what I'm suggesting is that examine your portfolio.
Examine what your personal risk tolerance is Charles.
And then apply.
And be diligent about watching your portfolio either hire a trusted advisor or you're doing it yourself.
Find the names find the funds behind me ETFs that you think -- still undervalued relative to the market.
And enter into them with an average cost you don't have to buy all at once Charles you can identify names and -- -- -- five -- that you like and then.
Ease your way into the marketplace piece by piece -- that we see today.
We thought this was a 195000.
New jobs all it's great market's gonna be -- -- well it's as you've just highlighted prior it's selling downward -- has a problem here.
I'll -- just out -- -- second because all the things you're saying you know sound they sound good on paper.
You know be prudent be diversified.
But a lot of people watching -- show remember 2008 early 2009 and everything went down everything got hammered and also we know.
It's easier said than done that so called be prudent how does someone do that I mean realistically you.
You don't have any faith in the Obama administration so the will start to come off you're gonna think maybe the worst case scenarios out there.
Well I think this I think that you have to again get with the research get with a trusted advisor that you alike.
And be prudent about the fact and B does not -- -- -- out let's say you know my trusted -- I couldn't get the guy hammer her on the phone when a market was dropped into a 300 points at a time so.
-- like don't tell me that I don't wanna trusted advisor I was led down the wrong path before now and I'm not trying to this year because it's new I know I've got -- but the point as though the -- point.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Should people simply -- stops or should they ride it out.
I think this -- I think -- there -- mutual funds out there that you can own.
That participate in the upside of the market as well as the downside of the markets open marketplace trades down the Dow Jones the S&P 500.
You can participate in games I think you need to search those funds out because I think that the market is choppy at best the remainder of the year.
I think that the got to carry this economy though but those choppy mean that we've already -- the highs of the year this chopping me.
We can fall through trap door I need -- -- quick answer from him.
I think that that that that chopping means that the marketplace once the punch bowl is removed from the party the Federal Reserve that the marketplace could easily -- down a thousand points in the Dow Jones industrial.
That's what I mean so there you have to.
-- after all names that you think are value oriented position we're gonna leave it there Kyle thank you very much by the way that.
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