Brightbridge Wealth Management Headlines:Analysis: Time to move some money to stocks from commoditie

By Walter Brandimarte

(Reuters) Commodities have lost their luster for leading investment strategists on fears that global economic growth, particularly Chinese demand, may be lower than previously expected.

Instead, they are recommending investing in large-cap U.S. companies whose earnings have historically varied less through economic cycles. That includes defensive areas such as household products and utilities but also some technology and industrial companies.

Investors became more cautious about commodities after last weeks vicious unwind of oil, copper and precious metals which some dubbed a mini flash crash similar to the one seen in U.S. equity markets a year earlier.

Even as strategists recommend steering away from commodities, they agree that the long-term outlook is positive. But over the near term they do not rule out another downleg in prices especially if China, the worlds largest consumer of raw materials, continues to tighten monetary policy.

Chinese policy makers made it very clear that there is no absolute limit to what they will do to control inflation, which raised concerns around the impact of their actions on demand growth for commodities, Jan Loeys, head of asset allocation at JPMorgan, wrote in a research note this week.

Economic activity has been moderating in China, and prospects for future growth seem less certain after the government signaled no end in its fight to curb inflation.

China raised bank reserve requirements by 50 basis points on Thursday, surprising analysts who had expected it to use monetary brakes less aggressively after a series of weaker-than-expected economic data for April.

For its part, the United States saw growth domestic product of only 1.8 percent in the first quarter, down from 3.1 percent in the last three months of 2010.

Last weeks sell-off drove the price of U.S. crude oil below $100 from an April peak of more than $113. Prices have been volatile since then, and further weakness is possible.

What happened in commodity markets last week was not surprising at all, and more weakness in the near term wouldnt be that surprising either, Jim ONeill, chairman of Goldman Sachs Asset Management, said in a recent research note.


As commodities lose appeal, the outlook for U.S. stocks remains bright in the short term at least as long as the U.S. Federal Reserve continues to provide easy money with its quantitative easing policy.

Merrill Lynch argues that the three main drivers of stocks performance investor positioning, monetary policy and company profits remain in place, albeit less so than two years ago.

While we would wait for a better entry point, we believe the cyclical bull market in equities is not over and would buy any summer weakness in stocks, Michael Hartnett, Merrill Lynchs chief global equity strategist, wrote in a report, in which he favors U.S. and emerging markets over Europe and Japan.

Defensive stocks are preferred to cyclical ones, JP Morgan said, arguing that the economic indicators show the global manufacturing sector is experiencing an inventory correction similar to the one seen around the middle of last year.

Defensive stocks are not the only ones that should perform well this year, according to Merrill Lynch. Companies with strong and stable profit growth are also expected to thrive as corporate earnings decelerate in general and the Federal Reserve prepares to reduce monetary stimulus, it said.

The list of stocks (with the lowest earnings variability) comprises a surprisingly diverse group, with almost equal representation from cyclical sectors as well as defensive sectors, Savita Subramanian, Merrill Lynchs quantitative analyst, said in a research note,

Technology stocks, Subramanian added, are well represented in that list.

Other strategists favored U.S. equities over commodities-rich emerging markets because of the opposite impact of lower energy prices.

Lower energy prices are positive for the U.S. as it allows consumer demand to sustain itself and thereby the economic recovery, said Alberto Bernal, head of research at BullTick Capital Markets.

A correction in commodities, however, is negative for the emerging markets exporters, consistent with our call for overweight U.S. and developed market equities versus those of emerging markets this year.


But even as worries about demand from China cloud the near-term picture for commodities, views on the global economy lend support for longer term gains.

Bank of America Merrill Lynch economists forecast the global economy to expand 4.2 percent this year, led by strong 6.5 percent growth in emerging markets. In the United States, they expect corporate spending to accelerate throughout the year and help the economy grow about 2.5 percent in 2011.

The outlook for strong growth in emerging markets and a recovery in the developed world should translate into long-term gains in commodity prices, with rises seen beginning later this year, according to strategists.

The conflicting near-term and longer term outlooks is driving caution for now.

We expect higher prices from here but we wait for more clarity on the impact of the economic soft patch on final demand before going long, JPMorgan said, adding that the recent rout in commodities may have no significance.

Our reading is that the outlook for commodities may be as little affected by this flash crash as was the outlook for the equities markets after the events in May of 2010, said Kevin Gardiner, head of investment strategy at Barclays Wealth.

While last years flash crash hammered the Dow Jones industrial .DJI by as much as 9.2 percent in its worst moment, the index quickly regained those losses and has since climbed more than 20 percent.

Barclays Wealth is advising its affluent clients to go neutral on commodities, as they look very expensive at the moment despite recent falls.

Prices are unlikely to go much higher, Gardiner says, but simply keeping pace with inflation over the next year or two will make them a better investment than bonds.

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Learning from the legendary stocks trader, Warren Buffet

Do you know about Warren Buffett? He is one of the best investors in the world. His wealth reaches $ 40 billion which was gained by relying on his expertise in the stock market. This can be an inspiration for everyone who wants to success in the stock market. This proves that with skill and diligence, someone could get a consistent profit and become millionaires because of it.

We certainly want to be like Warren Buffet. Even though you are now the beginner and only have shares in penny stock, you must have a strong motivation to success. the proverb says “If we want to become successful, then we should learn from the successful people too” Buffet is very worthy if be used as an example for those who want to success in the stocks world.

Patience is the main principle of a Warren Buffet. In playing stock is much needed patience. Actually, not only in playing stock needing patience, but almost in every field requires patience.

Patience is not same with slowness. Patience means: not in a hurry to do everything, with a good calculation, acting without be influenced by things outside that can be misleading but stay focus with our own principles.

In playing stock, we must have a trading plan. We must have a plan for any trading or investment. When we have created a plan that have been well prepared, then we have to do according to the plan

Playing stock is not same with a driver of public transportation or taxi who is being chased by the daily wage. No one is chasing you, so do not rush. Tranquillity in playing stocks is needed, especially for traders.

Believe me, almost every day there is always stock that have a good increase, there will always be, stocks that can give a decent gains. So, if being left behind in one stock, do not pursue, because we are not pursuing any. We are the stock traders, not the public transportation drivers or taxi drivers. Hopefully now we realize that we’re playing stocks now, not being reckless on the road.

The following, is lessons of Warren Buffett that we need to make profit in the stock market.

1. Look for opportunities created by the fools in the market.

2. Avoid the diversification. Investing in several companies that have been long standing and has a business model that is predictable.

3. Buying when the market is falling, take an advantage of the opportunities available with “Buy when everyone else sells.”

4. Beware with hidden costs, which mean all costs ranging from commissions of stock transactions until the fee of mutual funds.

5. Choose only the best stock of all the available stocks, or if you are a beginner choose the best penny stock.

6. Invest in old economy” businesses. Boring companies that has been standing for 50 years and will likely remain standing for 50 years.

7. Always look for value. Look for great businesses with great management.

8. Always use your own mind. Realize that acting on emotion can kill your market portfolio.

Desperately needed more than just the quality research, sense and patience, buffet-style investment show you how to follow his footsteps and build a solid portfolio, easily understood, and is designed to give you long term results without short-term headache.

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Complaint Box | Third-Person Epidemic

I sat next to two teenagers on the subway a couple of weeks ago and cringed as one of them repeatedly referred to herself in the third person: “Jessie so doesn’t wear Converse” and “Jessie’s sister? Freak show!”

Has a self-centered “me” generation been replaced by a zero-responsibility “she” generation?

People who refer to themselves in the third person, I recently discovered, are “illeists,” from the Latin meaning “that man,” as if someone else is you — a conveniently guilt-free syntax.

Remember when Facebook included the word “is” after people’s names in their status update templates? What a boon that was to latent illeists. Daniel bought his first pair of skinny jeans! Joanna baked a three-layer cake! Josh is watching “Human Centipede” — yikes!

Facebook has since removed the “is,” but most updates are still written in the third person, a habit hammered home by the users of Twitter: “BostonTerrier2011 saw Peter Dinklage drinking iced coffee @ 2nd and Houston!” “AmeetK just pulled Six of Swords from the deck!”

Not that technology is entirely responsible for this lack of verbal responsibility.

At my local drug store recently, a woman approached the counter and told her child, “Mommy has to pay Mister Cashier Man now.” I realize that syntax must be reduced to its basic noun-and-verb constructions for toddlers learning to speak, but this kid was 6.

And Mister Cashier Man? This may be correct use of the third, but it sounds more like an online pseudonym than a human being. (I can’t imagine Miss Environmental Lawyer or Mister Online Marketing Manager would enjoy being avatarized, either.)

It may be a byproduct of the anonymity that the Internet provides, but there seems to be a growing number of parents who just can’t stop referring to themselves as nouns.

A father saying, “Daddy had a bad day at work” to his third-grade son may help assuage Dad’s guilt about not wanting to play a video game that night, but it’s got some drawbacks. Aside from encouraging the 8-year-old to speak in illeistic slang, it doesn’t help with parent-child dynamics. If “that man” suddenly sets rules, it might be challenging for a personal pronoun to get the respect it deserves.

I used to illeicize when meeting acquaintances whose names I didn’t remember. I’d interject something like, “Rebecca Rule No. 1: Always save room for dessert.” The friends-of-a-friend usually got the hint and introduced themselves. When they did, I was able to laugh and say, “Of course I remember you, Lester and Lottie!”

See? Not my fault.

If we think of ourselves in the third person, we represent ourselves as hapless bystanders. “We” have providence over our actions and decisions, whereas “they” do not. An awareness of this obviously calls for an immediate remedy. Rebecca Rule No. 2: She will never refer to herself in the third person again.

Rebecca Bazell is a writer and illustrator living in Brooklyn; her Web site is

If you wish to submit a Complaint Box essay, please send it as an attachment and in the body of the e-mail to [email protected], along with your name, address, phone number and e-mail. In the subject line of the e-mail, type your last name, followed by “Complaint Box” and the subject of your complaint. Essays can be 100 to 500 words. Because we receive so many submissions, we can get back only to those whose complaints are being considered for publication. If you do not hear from us, thank you anyway, and feel free to submit it elsewhere.

Please note: Complaint Box is not the forum for your complaints about City Room or The Times. It is for essays on the general hassles of life, like the one above. If you have an issue with City Room, e-mail [email protected]. For issues with The Times, see the options at the bottom of the home page.

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water damage orange county

That is just how speedy mold can set in.

– Get a handful of minutes to clean, disinfect and dry all surfaces. – Amp up the air flow in the residence. Pull furnishings away from the walls and open the closet doors. This will help air to circulate far better throughout the residence.

– Install storm/thermal pane windows and wall insulation to assist hold walls warm although assisting to limit condensation.

There are 3 critical categories to aid restoration contractors and insurance policies adjusters to determine the occupation area and the methods that will be essential to reach safe and sound and effective flood or water restoration of structures and contents. Water hurt restoration is divided into three simple groups for a common water hurt venture.

group one– clean h2o.

Examples of clean drinking water sources may possibly contain:broken pipes,tub overflows,sink overflows, numerous appliance malfunctions, falling rainwater, broken toilet tanks and even toilet bowls in some circumstances.

group two–gray h2o.

Gray or unsanitary water includes some degree of contamination. Some examples of “gray” contaminated drinking water may well incorporate:overflow from a dishwater, washing device or a toilet bowl, damaged aquarium, and probably a punctured drinking water bed. Gray water in flooded structures is considerably aggravated by time and temperature.

group three–black water.

Greatly and grossly unsanitary, “black” water arise from substantial quantities of sewage entering a construction. This class also contains all sorts of ground surface drinking water soaring from rivers or streams as perfectly as sea drinking water. This will also consist of all varieties of sewage overflow or damage. In situations the place structural components and/or contents have been seriously contaminated with these kinds of supplies as pesticides, heavy metals or toxic natural and organic substances, the h2o damage is known to be “black” drinking water.

If you are unfortunate sufficient to encounter any of the damages outlined. The correct protocol is to get started the drying practice, clean up and antibacterial sanitizing as soon as attainable. Thus, considerably of the framework and sub-construction can be saved from any more injury.

This moisture induced by flooding makes pollutants that can greatly increase health and fitness difficulties. Moisture and contaminants ought to be sent quickly to your home to keep. Viral agents can induce respiratory issues and even considerable challenges like asthma and other allergies.

Such factors as food, paper merchandise or perishable merchandise which can not be repaired should be thrown away. This is the initial action on the road to recovery right after floods. Boiled water need to be applied for all the dishes and appliances. It would be a lot superior to get tested for water superior.

Following that air superior need to be maintained. Air dryer and the fan operates much better for drying wet surroundings. This moist setting is the natural habitat and breeding mold and fungus. It will take a number of months to fix in depth hurt to house. But it is required to inhibit serious secondary wellness troubles.

The toughest aspect after the flood to decide where to start cleaning, as perfectly as flood hurt almost each matter, all around you. Even the air we breathe at house can cause us serious health and fitness difficulties. Humidity and moisture are start to get trapped within the property following the drinking water harm, floor, carpets and furniture.

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What Has Your Telephone Answering Service Done For You?

Helping a business to grow and thrive is every business owners goal, sometimes however businesses can go through growing pains caused by that growth. If your phone is ringing off the hook but you still do not have income to hire a receptionist, then you may be spending far more time on the phone than you really want to. While good customer service is important, so is having time to do your work. It can be a hard balancing act for business owner between taking care of the customers that call each day and making sure the real work of the business gets done. A telephone answering service can help you get back to business while still making sure you take care of important phone calls. If you think that a telephone answering service is impersonal and will not take care of your customers think again, answering services have evolved over the years with the feedback of their clients and the ever increasing technology that allows them to create an answering service that is more like the type of customer support you would offer your customers.

Technology allows much of the work to occur online and with the use of sophisticated software operators are able to process orders, take care of customer requests, and answer questions all without ever letting on that the call is being answered by an answering service. A telephone answering service will let you decide how the phone is answered, as well as have a complete detailed list of options that they can take care of on the phone as well as answers to customers most basic questions. They will also have the ability should you desire to forward those important phone calls that cannot wait straight to you or another employee. You have complete control over this process allowing you to set when and if you should be contacted and who the call should be forwarded to. If you need the telephone answering service to take messages for you then you will be able to get your messages in a variety of ways. You can have them faxed, emailed, a voice mail can be set up, or you can be paged or check your messages online.

You can imagine the capabilities of such a powerful system, it allows you to take breaks from the office when needed but still be able to handle important business as it arises or it will allow you to focus on the important issues of your business while still being assured that your clients will be taken care of. If your business is rapidly growing and you find yourself spending far too much time on the phone and not enough doing your work, it may be time to consider a telephone answering service. Costing a fraction of what a receptionist will cost you each month, a telephone answering service will make sure that you never miss an important call and that each of your clients is well cared for.

Let PCN Telephone Answering Service show you how much an answering service can help your business. Our clients report less stress, more profits, and more satisfied customers. We will put our service up against any other answering service. Orange county and other big cities have a lot of choices, but you want the best.

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Gay Marriage | Goin’ to The Mansion…

They were not the first same-sex couple to be married in New York on Sunday, but they may have had the largest audience, if you include those watching on television.

Standing before 150 guests and several television cameras, Mayor Michael R. Bloomberg officiated at the wedding of two members of his staff, John Feinblatt, 60, and Jonathan Mintz, 47. The ceremony, in front of the steps of Gracie Mansion, unfolded just as the sun began to set on Sunday evening.

“Usually when the three of us are together, we are arguing the finer points of guns or consumer fraud,” Mr. Bloomberg said. This time, the occasion was both very public and very personal, and the smiling Mr. Bloomberg said he was “glad I asked to be part of it.” (The crowd chuckled, and Mr. Bloomberg added, “I did!”)

Mr. Feinblatt and Mr. Mintz emerged from opposite sides of the mansion’s porch, each led by one of their daughters, Maeve, 8, and Georgia, 6. The girls, dressed in lacy white frocks and gold ballet flats, looked like little brides.

The two men draped their arms around Maeve and Georgia throughout the ceremony, much of which was broadcast live on CNN.

After the vows, the actor Joel Grey sang “Married” from the musical “Cabaret.” Then Mr. Bloomberg introduced the breaking of the glasses, a traditional moment in Jewish weddings. Each man stomped a glass, and the newlyweds embraced, pulling their daughters into a four-way hug. The crowd tossed biodegradable confetti at the family.

Mr. Feinblatt and Mr. Mintz then proceeded to enjoy themselves with their guests, including the City Council speaker, Christine C. Quinn, and the actor Matthew Broderick — but not too much, as the couple did not have the following day off. The celebration went on, nonetheless.

“This is a great day for New York, a great day for love,” a beaming Mr. Mintz said when the ceremony was over. “That sounds a little bit trite, but I got married a minute and a half ago.”

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