Frank Holmes, CEO of US Global Investors, says that the global economy is recovering thanks to the life support of $12 trillion and 515 rate cuts since 2009

Livewire News

Frank Holmes, CEO of US Global Investors, says that the global economy is recovering thanks to the life support of $12 trillion and 515 rate cuts since 2009. Interest rates are rising as the market senses a robust economic recovery underway. Growth-sensitive economies such as China, Korea and Taiwan historically experience the greatest positive impact from rising rates in the US. Commodity investors are set to benefit as these countries tend to expand their use of commodities during these periods. According to Holmes, investors should get in on materials and energy stocks before the Fed officially raises rates. (VIEW LINK)


Comments

Please sign in to comment on this wire.