Pay Attention to the Airline Industry in 2018

by Frank Holmes, CIO, CEO, U.S. Global Investors

What could investors expect from the airline industry in 2018? Frank Holmes says profits should continue to soar with North American carriers projecting earnings of $16.4 billion, according to the International Air Transport Association (IATA). Airline profits are strongly correlated to the rising global gross domestic product (GDP), which leads to increased passenger traffic and revenue.

For Frank’s full explanation of the airline industry’s rising profits, watch the video below!

Frank Talk Live features U.S. Global Investors’ CEO and Chief Investment Officer Frank Holmes as he dives into a new investment topic, from gold mining and global resources to digital currencies and emerging markets. Tune in weekly for updates on these key financial markets.

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All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.

&The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.

&Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period, though GDP is usually calculated on an annual basis. It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory.

&The Dow Jones Industrial Average is a price-weighted average of 30 blue chip stocks that are generally leaders in their industry.

&The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies.

&Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the interview were held by one or more accounts managed by U.S. Global Investors as of September 30, 2017: Boeing Co, Airbus SE.

This post was originally published at Frank Talk.

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