Liferep.net

November 2016

// October 11th, 2016 // Daily News

Investors facing a ‘hidden risk,’ JPMorgan strategist says
Michelle Fox | @MFoxCNBC

Investors are confronting a “hidden risk” when diversifying their portfolios because both bonds and certain stocks are highly valued, Dubravko Lakos-Bujas, JPMorgan’s head of U.S. equity strategy, said Tuesday.
“Bond valuations are obviously very, very high for various reasons. We have seen contagion into the equity space,” he told CNBC’s “Power Lunch.”

That’ because investors in search of yield have moved into stocks that pay dividends, causing the market to be “dislocated,” he added.
At this point, Lakos-Bujas believes diversification makes a lot of sense. However, historically that means investing in both bonds and equities.
“Today I think one of the hidden risks that we face is that if yields start to creep higher, especially if they start to creep higher for nongrowth reasons, be it central bank related, you could see bonds potentially getting deflated and you could see equities being pressurized, which means cash.”
JPMorgan has said it expects the S&P 500 to end the year at 2,000, with market leaders poised for the biggest fall.
It also projects some sector laggards to do relatively better, such as health care.
“We basically see superior growth in health care, on one hand. On the other hand, we see relatively attractive valuations,” Lakos-Bujas said.

Today’s Inspiration

Do What You Can Do

by Joyce Meyer – posted October 11, 2016

And there was a man called Zacchaeus, a chief tax collector, and [he was] rich. And he was trying to see Jesus, which One He was, but he could not on account of the crowd, because he was small in stature.
—Luke 19:2-3

You can’t add anything to your life by worrying. I enjoy people who don’t worry but are confident and really know who they are in Christ. That is why Zacchaeus is one of my favorite people in the Bible (see Luke 19).

Jesus was coming to town, and Zacchaeus wanted to see Jesus, but he was so short he couldn’t see over all the people in the huge crowd. I love what he did. He didn’t go sit down and have a pity party. Instead, he ran up ahead and climbed up in a sycamore tree. When Jesus came by He said, “Zacchaeus, come on down here. I’m going to your house for dinner!”

Instead of whining about what he thought was a problem in his life, Zacchaeus had a positive attitude about it. Instead of worrying about what he couldn’t do, he found something he could do. And God so loved that spirit of determination that He said, “Of all these people, I am going to go home with you!”

Stop worrying about what you can’t do. Stop comparing yourself to everybody else and wishing you were them and being jealous and envious of them. Whatever your inabilities are, say to them, “It is what it is. And I’m going to deal with it. Whatever I don’t have, God is going to make it up to me in another way.”

I like to talk; I am a good communicator and it is working out really well. I’ve got a lot of good common sense and some business sense and I’m good at managing people, but mainly I talk. I encourage you to start using the abilities that you do have, and don’t be concerned about the ones you don’t have.

Trust in Him: If you’ve already wasted much of your life worrying or comparing or complaining, make a decision today that you are going to trust God instead. Do what you can do and trust Him to do the rest.