Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

Welcome back to another episode of Wall Street Unplugged! Today's guest is Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors. If there’s anyone that knows the global economy, it's Frank. To begin the episode, Frank talks about the reality of deregulation. As we all know, the Trump administration has promised massive tax reforms. But Frank argues that these reforms are going to take much longer than what has been initially anticipated. As Frank says, it’s time investors realize Trumps pro-business reforms will “take twice as long… cost twice as much… and will make everyone half as happy.” In addition, Frank explains his bullish stance on the mining, materials, and energy sectors. According to Frank, the recent cutbacks in supply for several commodities will soon lead to large increases in price. Changing topics, Frank then gives his outlook for the airline industry. Two years ago Frank’s company, US Global Investors, launched what’s now known as the #1 airlines ETF in the world (JETS). An