Dan Frishberg Announces New Guest Speaker Jack Bouroudjian to Show
Jack Bouroudjian Of The Index Futures Group In Chicago Shares News on The MoneyMan Report.
- (1888PressRelease) January 29, 2011 - "The MoneyMan Report" with Dan Frishberg on Tuesday featured guest Jack Bouroudjian, CNBC contributor and CEO of Index Futures Group in Chicago.
Bouroudjian emphasized that he has moved to a positive long-term outlook for U.S. stocks and the economy. Market-friendly shifts in policy will benefit the U.S. for years to come and make it a very attractive place in which to invest. According to
Bouroudjian, the bear market is now over, and risk is now on the side of missing gains.
In response to a question from a listener regarding high yield bonds, Frishberg advocated taking another look at investment strategies in this sector. Over the past months, investors have been warned to avoid these bonds, which skyrocketed due to interest rates. Now, it looks as though we are entering a safe time to use them again, because while the economy improves, interest rates could be lower a year from now. Though fluctuation is expected, Barclays Capital High-Yield Bond Fund (JNK), as well as similar funds, is likely the best bet for your money.
"The MoneyMan Report" can be heard on Business 1110AM KTEK in Houston, The Biz 880AM WZAB in Miami, and Biz 1190AM WAFS in Atlanta. The show can also be heard online at TheMoneyMan.com. The features above are available by podcast on demand on TheMoneyMan.com.
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