Wentworth Hauser’s latest emerging markets investment commentary looks at the situation in several different countries and how global central bank actions affect them. "The world stock markets continue to be strongly influenced by a plethora of macro factors. While past negative news gave ample reason for investors to worry, positive actions kindled an equivalently strong rebound in world markets. The world's central banks continue to fuel strong stock market advances as conventional and non-conventional measures are being used in an attempt to offset a distinct lack of credible fiscal policy initiatives in developed countries. The Federal Reserve Bank initiated the latest quantitative easing program (QE3) involving the large scale acquisition of mortgage-backed securities in an attempt to somewhat offset the anticipated recessionary effects caused by the previously discussed advent of the "Fiscal Cliff". Incidentally, the US economy might be able to better handle the onset of this event as residential real estate appears to have bottomed and employment statistics are showing signs of improvement." Download Full Commmentary Here Get Free Research Reports about Wentworth, Hauser & Violich [+] Read More

Richard Hirayama, portfolio manager of the Wentworth Hauser International Equity strategy, examines central bank actions and what it could lead to. "The world has benefited substantially from three decades of declining inflation which reduced costs and stimulated economic growth. However, synchronized credit creation and money printing by the major central banks may ignite inflationary forces similar to the 1960’s and 1970’s. Stagnant subpar global economic growth of 3-3.5% in an environment of rising inflation expectations could breed stagflation. The central banks would almost certainly not permit inflation to rise above 4-5% for a sustained period of time but an inflation advance from 2% to 3% is a 50% increase which could motivate investors to seek out inflation-hedging assets such as equities and WHV’s energy and materials investments for potential protection against purchasing power degradation and paper money devaluation." Download Full Commmentary Here Get Free Research Reports about Wentworth, Hauser & Violich [+] Read More

International money manager Wenthworth Hauser's fall investment commentary focuses on the international equity markets and economies. "The global economy is slowing due to a deepening recession in Europe, tepid U.S. growth and slower growth in several developing economies including China. The developed countries of the world are battling large budget deficits and expanding sovereign debt. Unless the legislative and executive branches of government in the U.S. take action, a combination of spending cuts and tax increases effective at the beginning of 2013 will likely send the domestic economy into a downturn. On a more positive note, corporate profits are near a record level, corporate balances sheets are strong and consumers are repairing their balance sheets. Central banks around the world are flooding the system with liquidity which should help support asset prices and defer sovereign default and deflation." Download Full Commmentary Here Get Free Research Reports about Wentworth, Hauser & Violich [+] Read More

Richard Hirayama, portfolio manager for Wentworth Hauser’s International Equity portfolio, shares his thoughts on the events during the second quarter of 2012 and what he expects for the coming months. "In conclusion, central banks of the United States, Eurozone, United Kingdom, Japan and China are faced with two ugly options: 1) not to continue with aggressive conventional and unconventional monetary easing policies, and risk potentially higher short to intermediate-term unemployment rates which might lead to social dissatisfaction/instability and national leadership/regime changes or 2) continue with aggressive conventional and unconventional monetary easing policies, and risk potentially higher long-term inflation rates." Download Full Commmentary Here Get Free Research Reports about Wentworth, Hauser & Violich [+] Read More

Money manager Wentworth Hauser & Violich is out with their 2011 summer review and outlook. "Virtually all economic indicators point toward continued economic expansion within the United States in the period ahead. Economic and employment growth will be slower than in past periods due to the headwinds created by government policies regarding regulation, mandates, rules, taxation and overall barriers to free market capitalism." Download Full Commmentary Here Get Free Research Reports about Wentworth, Hauser & Violich [+] Read More