Joe Kernan, host of CNBC’s Squawk Box, talks airlines with Frank Holmes, specifically asking why now is the time investors should be interested in an ETF focused around this industry. Frank says he decided to launch the U.S. Global Jets ETF because not only has the industry started to make its way out of bankruptcies and gone through many significant, positive changes, but also because there is no other global airline ETF on the market.
Frank also makes a case for how JETS will perform despite the direction that oil prices are heading.
Article summary written by U.S. Global Investors.