Tuesday, February 11, 2014

Where To Invest;Sochi Medal Count;Julia Mancuso

We'll end the year with high single digit gains,predicts Kevin Mahn,President and CIO at Hennion&Walsh Asset Management.I think there is upside,but I believe there's more pullback in the market because we haven't reached certainty about the debt ceiling and the market hasn't adjusted to new Fed Chairman Janet Yellen yet.*
I think this is the year for diversification again.People forgot about asset allocation last year,with the market up 30%.You have to be nimble.You have to be active,and you can't concentrate on just one asset class.You have to look at alternative assets like gold and REITs.I would say the housing recovery isn't over,with the REITs.We actually favour Europe over the US this year,even though we're bullish on the US,Mr.Mahn said on CNBC.*
Sochi Winter Olympics Total Medal Count as of Friday morning:
1.Canada 7
1.Netherlands 7
1.Norway 7
2.Russia 6
3.USA 5
4.Austria 3
4.Czech Republic 3
5.France 2
6.Germany 2
6.Sweden 2
Canada has the most gold medals(3).*
America's Julia Mancuso,29,won the bronze in the women's Super Combined alpine skiing event,which combines downhill with slalom.She now has won each Olympic medal in her career,including two bronze,making her the most decorated female alpine skier in US history.I can't even believe it,Mancuso said.It was such a tough slalom.*
The effervescent Mancuso attributes her Olympics success to having grown up in the Squaw Valley ski resort of Lake Tahoe,California,site of the 1960 Winter Olympics.Jamie Anderson,who won the first gold medal in the female slopestyle snowboard event the day before,also hails from the Lake Tahoe area.*
Canada's Charles Hamelin won his third gold medal in the 1500 meter speedskating event,tying the record for most gold medals won in a single event.Hamelin,29,is from Sainte-Julie,Quebec.

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