{"id":29661,"date":"2012-05-15T14:05:56","date_gmt":"2012-05-15T18:05:56","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/05\/charles-sizemore-in-the-wall-street-journals-smartmoney\/"},"modified":"2012-05-15T14:05:56","modified_gmt":"2012-05-15T18:05:56","slug":"charles-sizemore-in-the-wall-street-journals-smartmoney","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/05\/15\/charles-sizemore-in-the-wall-street-journals-smartmoney\/","title":{"rendered":"Charles Sizemore in The Wall Street Journal\u2019s SmartMoney"},"content":{"rendered":"

By The Sizemore Letter<\/a><\/p>\n

\"\"<\/a>Charles Sizemore gave his views on the market’s recent volatility to SmartMoney’s Quentin Fottrell:<\/p>\n

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Including today, stocks have fallen 8 days out of the last 9 \u2013 with last week the Dow posting its worst five-day stretch in five months… Financial advisers say the latest worries among investors makes sense. \u201cThe past 5 years of volatility has shattered confidence in the markets,\u201d says Charles Sizemore<\/a>, a financial adviser in Dallas, Texas, \u201cand with the steady stream of gloomy news coming out of Europe, sentiment has only gotten worse.\u201d Trading volume has been abnormally low for last year as many investors move to the \u201cperceived safety of bonds from the perceived riskiness of stocks,\u201d he says.<\/em><\/p>\n

Still, many advisers are trying to prevent clients from selling, pointing out that broader economic trends favor stocks. For example, consumer confidence in May rose to the highest level in 4 years, according to Thomson Reuters\/University of Michigan preliminary index. Meanwhile, labor\u2019s share of income in the U.S. \u2014 in other words, corporate profits \u2014 is at an historic low, which Glenn Guard, director of investment management at Alexandria, Va.-based Campbell Wealth Management, says suggests that corporations have strong balance sheets and have the ability to hire. \u201cWe\u2019re going to see a de-coupling of the economies in the U.S. and Europe,\u201d with the U.S. markets outperforming in the near future.<\/em><\/p>\n

In fact, some see the latest market drop as buying opportunity. Guard suggests \u201chigh quality, global dividend-paying stocks\u201d such as Procter & Gamble<\/strong> (PG<\/a>). \u201cThey\u2019re selling Tide detergent to the Chinese and Crest toothpaste to the Brazilians,\u201d he says. Sizemore also favors dividend-payers currently trading at low prices relative to earnings, including Microsoft<\/strong> (MSFT<\/a>), Intel<\/strong> (INTC<\/a>) and Johnson & Johnson<\/strong> (JNJ<\/a>).<\/em><\/p>\n

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To view to full article, click here<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By The Sizemore Letter Charles Sizemore gave his views on the market’s recent volatility to SmartMoney’s Quentin Fottrell: Including today, stocks have fallen 8 days out of the last 9 \u2013 with last week the Dow posting its worst five-day stretch in five months… Financial advisers say the latest worries among investors makes sense. \u201cThe … <\/p>\n

Continue reading “Charles Sizemore in The Wall Street Journal\u2019s SmartMoney”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29661","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=29661"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29661\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=29661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=29661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=29661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}