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Bulls vs. Bears: a look at both sides of the current economic environment


EnvironmentRecent economic data has shown signs that the recovery, which looked robust in the fourth quarter of 2009, is slowing down.

 

However, historically some of the strongest growth in the economy and some of the best returns have followed a recession.

 

You would be hard pressed to find a time in recent history when U.S. corporations were in better shape than they are now. Balance sheets are flush with cash, which companies will ultimately have to reinvest, pay out in dividends, or use to make acquisitions.

 

Click here to read the article.

Investing in your values
 

Tree Through socially responsible investing (SRI),  you can put your money to work for causes in a way that may also result in personal financial gain. 

 

For example, you might choose to invest in companies that support environmental protection, community development, human rights, or other socially based criteria that meet your values.  Likewise you might wish to avoid companies involved in alcohol, tobacco, gambling, weapons, animal testing, etc.

 

Click here to read the article.

Double Dip? Seven Reasons Why Not
 

Family I am sharing with you this article by Lord Abbett money managers because I found it insightful.  Please feel free to contact me with any questions or comments:  Joe Chornyak, Sr. 614-888-2121 or [email protected].

 






History has recorded only one double-dip recession, and that was due to a policy error. Current data available on the economy do not support the double-dip outlook.


The article cites the following as reasons to doubt that the economy will dip again:


1.   The consumer seems firm enough.

2.   Housing data are misleading on two sides.

3.   Business spending and exports are awfully strong for a dip.

4.   Overall production levels look fairly good.

5.   Employment does not look that threatening.

6.   Financial markets are healthier than headlines imply.

7.   China continues to grow.


Click here to read more.

My personal recipe for preparing Chilean sea bass

Environment

  Ingredients:


  4 Chilean Sea Bass fillets (6-7 oz. each)
  finely chopped parsley

  3 tablespoons extra virgin olive oil

  freshly ground pepper

  � cup soy sauce
  � half cup freshly
squeezed lemon juice



Pre-heat oven to 450o F

 

Make sure that the sea bass is thick. I only get it if I can have it cut from the thick part of the fish just behind the head.  I do not get it if the only available portion is from the tail end of the fish as it is too thin in my opinion.

 

I take some tin foil and make a tray with sides that are about one-half inch high and put it on a cookie sheet so that there is no mess to clean up later.

 

Next, I chop the parsley so that I am ready to mix it once I put the fish in to cook.

 

Then, I simply put the Chilean sea bass on the tin foil and sprinkle it with sea salt and freshly ground pepper.  I'm generous with the pepper.

 

Next I put it in the preheated oven for eight minutes.

 

I mix the olive oil and the chopped parsley and the soy sauce and the lemon juice while the fish is in the oven.  I have found that using whole lemons rather than lemon juice seems to work better since I get a little pulp in the mixture.

 

Once I put the parsley and olive oil mixture on the fish, I put it back in for two to three minutes depending on how your oven heats.  Make sure that you put the parsley mixture on thick (maybe 1/4 inch) so that it completely covers the top of the fish.

 

When it is done, take a metal spatula and transfer it to the dishes in the portions that you plan to serve and drizzle the soy/lemon mixture over it. When you transfer the fish, try to leave the skin on the tin foil rather than putting it on each plate since you don't eat the skin.

 

Combine this with some steamed asparagus and you have a great dinner. Enjoy!

Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services, as well as tax services, offered by Chornyak & Associates, LTD. are separate and unrelated to Commonwealth. This communication is strictly intended for individuals residing in the states of AL, AR, AZ, CA, CO, CT, FL, GA, IA, IL, IN, KY, LA, MA, ME, MI, MT, NC, NY, OH, PA, SC, TX, VA, WI, WV. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services.
August 2010
JoeSrPortrait
I hope you enjoy this first edition of Chornyak & Associates' e-newsletter. 
 
Our intention is to bring you news and tips that will help you with your financial and investment planning and entertain at the same time.
 
Please let me know personally your thoughts on the topics we've discussed here, and of course please consider Chornyak & Associates for your comprehensive financial planning needs.

Joe

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