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Canada’s BNN Discusses the Global Economy with Frank Holmes

Randy Cass and Peter Gibson from Canada’s Business News Network asks Frank Holmes about cyclical patterns of stocks, investors’ selling out of equities, China’s improving Manufacturing Purchasing Managers Index data, the possibility of Greece exiting the eurozone, and a weakening of Europe’s currency.

Watch the Interview.

 

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link above, you will be directed to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content. The S&P 500 Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies. The HSBC China Purchasing Managers’ Index (PMI) is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as a leading indicator for the whole economy. The PMI is based on new orders, output, employment, suppliers’ delivery times, stock of items purchased.