Jimmy Butts is the Chief Investment Strategist for Maximum Profit and Capital Wealth Letter, and a regular contributor to StreetAuthority Insider. Prior to joining StreetAuthority, Jimmy came from the financial services and banking industry where he worked as a Financial Advisor. There he specialized in providing customized retirement solutions for individuals. Jimmy graduated from Boise State University with a degree in business administration and finance. He also spent multiple years studying language, international business and finance in both Germany and Buenos Aires, Argentina. At one point he held his series 6, 63, 65 and 26 securities licenses. When he's not combing through financial statements or reading about finance, Jimmy enjoys being outdoors.

Analyst Articles

The Perfect Trade To Profit From The Consumer Spending Boom

Amber Hestla
August 5, 2021

Since the end of World War II, inflation has been relatively constrained. There have been just a few times when the year-over-year change of the consumer price index topped 5%. You can see this illustrated in the chart below. Source: Federal Reserve In the late 1940s, inflation roared after the government lifted price controls that had been imposed during World War II. In the 1950s, inflation rose as the government increased spending to fight the Korean War. The Vietnam War explains the rise in inflation in the 1960s. In the 1970s, wars indirectly drove… Read More

Since the end of World War II, inflation has been relatively constrained. There have been just a few times when the year-over-year change of the consumer price index topped 5%. You can see this illustrated in the chart below. Source: Federal Reserve In the late 1940s, inflation roared after the government lifted price controls that had been imposed during World War II. In the 1950s, inflation rose as the government increased spending to fight the Korean War. The Vietnam War explains the rise in inflation in the 1960s. In the 1970s, wars indirectly drove inflation. In the early 1970s, oil prices jumped after OPEC imposed an embargo on countries that had supported Israel in the Yom Kippur War. Late in the decade, the revolution in Iran lowered that country’s oil production and prices rose again. The inflationary spike in the early 1990s was again due to oil and war, this time the first Gulf War that ended quickly. The next time inflation spiked was in 2008. This time there wasn’t a war. China’s economic growth increased demand for raw materials, especially oil, and the spike in oil drove inflation higher. What We Can Learn… Read More

Alert: AVID Tops Earnings, But Stock Gets Crushed

Jimmy Butts
August 4, 2021

Avid Technology (Nasdaq: AVID) released second-quarter earnings yesterday (August 3) after the market closed. The audio and video content platform topped expectations with its $94.9 million in sales and $0.25 per share. Despite the beat, shares ended the day down a whopping 23%. They closed today’s session below our… Read More