Oliver Pursche, President Gary Goldberg Financial Services, and Fritz Meyer, independent economist and market analyst, discuss the impact of Japan on the investment environment in the United States. Both provide their favorite ETF picks with CNBC. (see their full interview below)
Oliver feels that agriculture, base metals and energy will all go higher. He recommends the Rydex S&P Equal Weight ETF (NYSE:RSP), iShares Russell 2000 Index ETF (NYSE:IWM), PowerShares DB Agriculture ETF (NYSE:DBA), and the iShares Silver Trust ETF (NYSE:SLV).
Fritz feels that agriculture and energy are the plays. He likes dividend paying stocks such as the SPDR S&P Dividend ETF (NYSE:SDY), SPDR Barclays Capital Convertible Secs ETF (NYSE:CWB), and the SPDR S&P Homebuilders ETF (NYSE:XHB). His tOP pick is the SPDR S&P Dividend ETF.