Mark Thorburn, host of Small Cap Power, asks Frank Holmes to give viewers an update on how the U.S. Global Jets ETF (JETS) has done since first launching in April 2015. Frank notes that JETS has historically moved in synch with the market, and discusses how airlines are performing profitably now after struggling to operate efficiently in years past. Frank says one reason is extra fees, such as charges for bags, which have added to the overall free cash flow of this industry.
Frank also touches on other areas of the market, specifically how precious metals have performed so far in 2016. You can watch the full interview on SmallCapPower.com.
Article summary written by U.S. Global Investors.