Steve On Tactical Investing for Advisors: theStreet

Steve Blumenthal, CMG Capital Management Group, theStreetTactical investing is about planning to accomplish a purpose, says Steve Blumenthal, CEO of CMG Capital Management Group during a recent interview on theStreet.

“We speak and work with hundreds of financial advisors,” Steve tells Gregg Greenberg in theStreet’s Wall Street studio. He explains CMG’s tactical investing strategies, and the framework of the CMG Global Equity Fund (GEFAX). You certainly want to have long equity exposure, but you want to hedge in these uncertain times, says Steve.  “Japanese Yen still a clear short,” Steve says, and he mentions a Pro Shares ETF that can used to accomplish that strategy.

Click here to take a look at the full clip from Steve’s conversation with Gregg Greenberg of theStreet.com. See more CMG Capital Management Group News.