Folks, I’m a patriotic guy. I think this is the greatest country in the world—truly a land of opportunity. And that’s coming from someone who is first-generation American, the son of Armenian immigrants, who has seen the American Dream come true. But love of country does not change the fact that we are seeing a [...]
Folks, yesterday Federal Reserve Chairman Ben Bernanke kicked off the era of transparency when he held the first-ever live scheduled press conference in the Fed’s 98-year history. Among other things, he dismissed recent inflationary pressure as “transitory.” Comical! Has he been to the grocery store lately? Has he filled up his gas tank in the [...]
Folks, I’ve talked about the need for a repatriation tax holiday a couple of times on the broadcast now, and I think it’s about time I explained what it is and why I think it’s so important. Right now, all over the world, there is approximately $1.5-2 trillion sitting in subsidiaries of U.S. multinational corporations. [...]
Folks, you’ve heard me talk about it time and time again. Growthflation: this global growth story coupled with inflationary pressure that we’re seeing in the market. We’ve dealt with inflation before. We’ve dealt with stagflation and we’ve dealt with deflation. But we’ve never seen Growthflation before, and I believe, from an investment standpoint, that we [...]
Folks, I was in New York doing “Worldwide Exchange” for CNBC this morning, so my good friend Joe Cusick filled in for me on today’s broadcast. Joe is a senior market analyst at OptionsXpress, and he’ll be pinch-hitting for me from time to time on The Jack B. Show. Joe and another good friend, Daniel [...]
Folks, on today’s program I talked extensively about the advantages of futures over exchange traded funds, or what’s commonly called an ETF. An ETF is basically a security that tracks an index, or a commodity, or any basket of assets. They’re derivatives—products created from other products—and they’re traded like a stock. ETFs are quite a [...]
Folks, I’ve been talking a lot about silver lately. I started talking about it months ago when it was $22, and now it’s at $45. This is a parabolic move—and when I say “parabolic move,” I mean a move in a straight direction, be it up or down. In this case, silver has made a [...]
I had a couple of guests on the broadcast this morning, my good friend Joe Cusick, senior market analyst with OptionsXpress, and Bill Heath of Barrington Financial. Of course, we all know about OptionsXpress, a wonderful online platform for trading stocks, options and futures. Joe’s daily newsletter goes out to about 20,000 people, and we’ll [...]