Christian Broda Says A Diversification Reality Check Is Necessary After Market Tumble

Market volatility has recently worsened, and is exacerbated by the decision of the Chinese officials to devalue the Yuan. Yep, the Chinese debacle has created a contagion. Of course, the characteristic of human nature is to fear further losses when the market undergoes an upset, but according to New York-based economist, Christian Broda, investors should not run and sell, only to undermine the long-term performance of their portfolio.

Christian Broda, a former professor of economics at the University of Chicago says this is where investors perform a reality check, but you must remain focused on the goals – diversifying portfolios offers a more balanced and defensive strategy, which offers the market the time it needs to recover, and gives you greater potential for dividend growth.

Stock market corrections are a normal part of the cycle. For example, the decline in oil prices and other commodities is a positive factor for most countries, since it can have a favorable effect on 70% of gross domestic product (GDP).

The decrease in gas prices will lead to higher consumption (each drop of a percent of the price of a gallon of gasoline in the United States can add $ 1.5 billion to US disposable income of Americans). Moreover, the decline in commodity prices encumbers inflation, which has always been associated with multiple expansion and very robust stock market returns. In other words, we’ll continue to reap the benefits in our current roller coaster environment.

Is this slowdown in market growth really a threat? While certainly not harmless, it’s not catastrophic and the market will quickly recover. However economist Christian Broda encourages diversification. Investors who ignore their portfolio, always get that system-shock when the market goes through some volatility and this propels them into attention. The best advice is to diversify.

There is growing anxiety, but Broda says with eyes wide open, take a look at some investment strategies. One approach is to focus on the shifts in the economy and earnings.

Investing in companies with sustainable revenue and earnings growth is a good theme. One place to start your search is multinational corporations, particularly those with strong positions in stable economies.

Opportunity is out there, especially in global sectors like technology, energy and infrastructure. The world is seeing rapid overseas growth, and you may be tempted to ignore and wait it out, but that strategy doesn’t necessarily work for everyone and you could lose a good deal of your nest egg. Protecting your investments always translates into diversification.

U.S. Tech Stocks Are In Bad Shape

Things are not looking good at all right now for tech firms. The massive drop in the stock market has impacted scores of different industries and the tech sector has, apparently, been hit very hard. Facebook’s stock price is down and Netflix’s situation appears even worse. A massive selloff of tech stocks is occurring and this is not going to bode well for the economy.

All businesses are intertwined in some way on wsj.com. The toxic situation with tech stocks could end up spreading to other assets and bring them down as well. Of course, it is too early to tell how terrible things could get. The Dow did experience a 1,000+ point drop on August 24, 2015. Whether or not it will make a proper recovery any time soon remains to be seen. Is the economy going to experience rapid ups and downs over the next few years? Again, time will tell since no one can predict what is going to happen.

It is known that the disaster all started in China. The Chinese economy is in an absolute meltdown. The stock market in China has fallen to very low levels and well over a trillion dollars in wealth was wiped out. (Reportedly, the U.S. suffered $1.8 trillion in wealth losses as a result) The currency in China is in a bad state. All of this terrible news for the global economy and tech stocks have ended up really suffering.

Why are tech stocks so adversely affected? A few reasons exist as to why this is the case. Likely, the most common reason is tech stocks are notorious volatile. No one is going to look at a tech stock and call it a conservative investment. When the markets take a real tumble, no one should be surprised that tech stocks experience a massively negative impact.

For those wondering how to navigate the difficulties of the market, it might be best to perform some basic research. Reading the works of Christian Broda might be a good plan. He has served in an editorial capacity for numerous top economic journals and has authored some fine pieces. Reading up-to-date analysis of the market by skilled economists such as Christian Broda aids greatly in the ability to gain a more knowledgeable perspective of the market.

Certainly those who have money in tech stocks should try to learn as much about the market as possible. The economy is very volatile right now. Gaining a better understanding of how to navigate in troubled times is a must.

Christian Broda Says the US Dollar Is Still Trustworthy

For accurate economic predictions, trust Christian Broda to deliver the goods. He is one intellectual academic authority that has consistently been proved accurate in his economic predictions. Professor Broda has been proved right in his predictions in many whitepapers he has published. For instance, he predicted the worlds money markets would continue to keep inflation rates low for a long period, in a paper he published in 2009. That prescience has proved exactly accurate, several years later with a continuously low inflation rate of 5% and less. Other economic prognosticators often expressed the opposite view, that the US dollar would quickly fall, a prediction now proved completely false.

While the naysayers declared the United States was soon to pay for amassing huge debt and that would lead to the end of crude oil alliances, which they predicted would certainly in turn lead to a total failure of the US Federal Reserve Bank and thus an end to the power of the US dollar. One of the top economic authorities pandering to this doom-and-gloom view was James Rickards. He wrote the book, “The Death of Money,” in which he uses events in US history as case histories illustrating forces that produced an unstable US dollar and in turn trouble with other economic forces throughout the world. One of these events was the Civil War, which led to the dollar’s instability. Other leading economists stood with James Rickards in his negative view.

However, Christian Broda has made a very cogent case that points out that while the US dollar has shown some weak results, lately, if you look at the primary currency trusted throughout the world’s money markets, the US dollar still remains strong as the currency of choice. This positive view slams the doomsayer’s predictions. Mr. Broda points out that the US dollar has overall actually grown stronger, according to the real data. He has successfully rebutted the doom set by illustrating that the market does endure many ups and downs of the moment, but that this is a normal situation. He says there are many historical events where the negative views, similar to today’s negative views, were presented, never to actually occur.

Much of the negativity is around the Fed’s moves of Quantitative Easing (QE), of which Christian Broda has said, “Now that the Fed may actually exit, the natural conclusion is that the dollar should strengthen even further… Japan is still doing QE, Europe is opening that possibility in recent weeks. It seems wise to keep your investment in the US, and think twice about following the conventional wisdom that emerging markets is the place to put your money.”

Brazil’s Culture Of Advertising

Brazil, like every other country that has major businesses and media outlets uses a variety of means for advertising. But unlike some other western cultures, the advertisements they run garner a lot more attention and create a larger buzz than they do in many other countries. In fact, TV commercial actors achieve the same kind of status that movie actors and sports stars achieve in Brazil, and so much so that one time a famous advertising agency executive, Washington Olivetto got held for ransom by kidnappers. The media of advertising in Brazil has included quite extensive uses of TV, social media and internet, billboards, and printable media and always finds its way into Brazilian homes or public places, even despite the city of Sao Paulo banning public displays of it in 2006.

One prominent advertising leader is Claudio Loureiro, the CEO of Heads Propaganda, a major advertising firm in Rio de Janeiro. Heads has produced commercials for some of the biggest companies in Brazil and has grown its bases of operations throughout the country. The company has sought to bring new brand ideas to the forefront and help change public perception of thee culture of Brazilian cities like Rio and bring it in a better light. In fact, Loureiro has even been talking with world-renowned film producer Woody Allen on coming to Brazil to shoot a film that captures the splendor and beauty of Rio in a film. Even though the plans are not yet finalized on this, it is looking promising that Allen will undertake such an endeavor.

Other famous Brazilian advertisers include Gisele Bündchen, a famous model, actress and actually the wife of New England Patriots QB Tom Brady has appeared in numerous Brazilian commercials for fashion and style. Her display of beauty and sex appeal embody a regular theme in the Brazilian advertising culture that embraces such themes and brings them to an upfront display. Apart from full nudity, which has rarely ever been on display in commercials, it’s hard to find to find any commercials that would otherwise be deemed scandalous in the eye of the public.

Brian Bonar’s Advocation Of Professional Employer Organizations

Dr. Brian Bonar is a business startup guru, consultant, technological innovator and developer, and has brought new ideas and concepts to the business world that have revolutionized the way many small businesses have operated. He’s originally from the UK, having got his undergrad at Strathclyde University and his master’s and PhD at Staffordshire University. He moved to the United States where he’s served in executive roles for many companies including American Management Services LLC, Bezier Systems Inc, Adaptec, and has been a board member of organizations like Alliance National Insurance and the Boys & Girls Clubs of San Diego. Probably what Bonar has been most known for being both an advocate of and using for a business model are professional employer organizations (PEO).

PEOs could entail a wide variety of tasks, or a small task but probably what they are best described as is being a firm that takes over the responsibility of various administration needs for a client company that that company pays for. In essence how it works is a company enters into a partnership with the PEO, the PEO becomes the “employer of record” that gets listed on the employees’ tax return forms and has the employer ID number to be used for legal documents like tax forms. The client company still decides how their business operates and how employee activities are managed. PEOs are meant to help smaller businesses that can’t directly hire their own accounting and human resource management departments, to save time and money by providing it for them, and Brian Bonar has founded some firms that specialize in this.

TRUCEPT INC, a company he founded and is CEO of is a PEO that services human resources, accounting and payroll, workers compensation, and helps the client company comply with financial laws. Using Smart-Tek, an automated employee tracking system that logs the hours worked and other information about their activities, TRUCEPT is able to record the information needed to manage the payroll and tax obligations. TRUCEPT’s staff can also recruit and conduct initial interviews for potential employees, thereby giving the client company less legwork that they have to do. The final say on who is hired and terminated usually rests on the client company, though the contract they enter with TRUCEPT could give both PEO and client company a say in that. Brian Bonar was written about byModern Luxury here.

Another company Bonar runs is Imaging Technologies. This company sells or leases out office equipment to clients for less cost than they would usually get from a major retailer or distributor and also offers advanced support to clients. They also have image design and management software that comes with their product suite.

Vijay Eswaran: Malaysian Businessman And Hero Of Philanthropy

Vijay Eswaran is a Malaysian businessman, author, and philanthropist. The CEO of QNET and Executive Chairman of the QI Group, Eswaran rose from relatively humble beginnings to create one of the most successful multilevel marketing companies in the world. Born in Penang in 1960 to school teacher mother Pushpavathy Chinnaiah, and Vijayaratnam Saravanamuthu who worked for the Ministry of Labour in Malaysia, Eswaran graduated from the London School of Economics with a degree in socio-economics. He then stayed in Europe doing a series of odd jobs in Belgium, France, and London.

While in Europe Eswaran became aware of binary system marketing. It intrigued him so much he studied with a company called CIMA to earn his professional qualification. Eswaran continued to study multilevel marketing when he went to the United States to attend Southern Illinois University and earn his MBA. While studying at Southern Illinois, he worked part-time with a multilevel marketing company called Synatics. When he returned to Malaysia after earning his MBA, the Cosway group offered him the opportunity to start a branch of their company in the Philippines. Eswaran took the opportunity and went on to have great success.

The company Eswaran stated grew to become the QI group. This e-commerce based company sells a wide range of products and services. They include telecommunications, media, travel, wellness, training, luxury products, and corporate investments. The key to Eswaran’s success is his ability to recruit motivated independent sales representatives that take products into cities, towns, and villages throughout Asia, Africa, and the Middle East. The company has its headquarters in Hong Kong and regional offices in Malaysia, Thailand, and Singapore and subsidiaries in about 10 other countries.

Vijay Eswaran now shares the secrets to his success as a much in demand speaker at business and management forums throughout Asia. He has also written a series of books designed to help entrepreneurs get the mindset which leads to success. His first book was published in 2005. It is called In the Sphere of Silence and talks about Eswaran’s habit of beginning each day by spending an hour in silence. In the Thinking Zone was his second book. It is thoughts and reflections on his personal philosophy and life in general. He has also written 18 Stepping Stones and On the Wings of Thought as well as developed Thought of the Day, an interactive program. Vijay Eswaran was alsowas discussed by Entrepreneur.com.

Eswaran’s success has earned him many accolades and awards. He has also created a number of philanthropic organizations including the RYTHM Foundation and the Vijayaratnam Foundation. He uses them to donate to individuals, organizations, and an array of community programs. His work led Forbes Asia to name him one of the region’s 48 ‘Heroes of Philanthropy’.

Mentorship, Networks and the Rise of S’Well

Sarah Kauss, founder of S’Well, has been reflecting on the factors that led to her success. Since its foundation in 2010 the company, which makes and sells stylish and environmentally friendly water bottles, has certainly taken off. In an article on Linkedin Krauss reflects that one of the most important factors in her success was finding a mentor and supportive community to help in the early stages.

Krauss explains that female entrepreneurs are especially in need of this kind of support and guidance because there is less of a road map for emerging businesswomen. Even with the moral support of family and friends a young entrepreneur may need some expert guidance to get started, especially since women often encounter extra resistance or have trouble convincing potential investors and customers to take their ideas seriously.

Krauss says that a turning point in her career came when she joined EY Entrepreneurial Winning Women, an executive leadership program designed to help women grow their businesses and create that all-important thing: a professional network including other talented female entrepreneurs. Of course this was helpful in that it gave hear a natural field in which to look for candidates for positions at S’Well. But she says that it also made a huge difference in her quality of life: having support from colleagues in the same boat as her made it easier for Krauss to enjoy her work and feel fulfilled.

Furthermore, the program was not just about networking. Krauss identifies certain specific skills and strategies that she learned to employ. One important approach was to memorize her company pitch and always have it at the ready. That way if she happened to run into a potential investor she would be prepared to make her case on the spot.

Krauss closes her article with an appeal to businesswomen everywhere: Finding a network like this can make a huge difference; don’t miss out on the opportunity.

Adam Sender Sells A Portion Of His Art Collection And Displays Even More

Former Exis Capital manager Adam Sender has placed a large amount of his extensive contemporary art collection up for sale as he looks to make changes to streamline his life after Exis completed its journey through the hedge fund market. Sender has been a major force on the contemporary art scene since 1998 when he employed a personal art curator to assist him in collecting some of the best contemporary works that came onto the market in recent years. The decision to place more than 400 of his private collection on sale with Sotheby’s should net Sender around $70 million for pieces he purchased over an almost 20 year span.

The hedge fund specialist is well known in the art world and across Wall Street for the shrewd investments he made and for making sure his focus and research are of the highest quality. The employment of Todd levin as a personal art curator added the skills and experience of a qualified art expert in guiding the good choices Sender was already making in compiling his art collection. The collection created by Adam Sender has been viewed as important by a series of art experts who have made it their aim to show the collection in its best light in galleries across the US, such as the Gagosian.

Adam Sender He also has an IMDB profile.
was a popular figure on Wall Street during his time as the manager of his own Exis Capital, which was the site and home of many of his personal art collection. Sender himself was known for spending his days focused entirely on his hedge fund locked away in a darkened room with more than 20 computer screens following markets from around the world. A similar approach was taken by Sender to his art collection, with many pieces chosen on trips to galleries with Todd Levin in place to offer advice and guidance. A famous example of the collaboration between the two men is the purchase of the One Hundred Fish Fountain piece created by Donald Young and purchased by Sender after both he and Levin agreed on the quality and price of the artwork.

The 411 on American Businesswoman Susan McGalla

Even in this day and age, it can be difficult to find many women in high leadership positions. Some say that there is still some degree of a glass ceiling, even in this day and age where we are firmly established in the 21st Century. So it might perhaps be refreshing when we come across a woman who has been in a leadership position which is usually referred to as a “boys club”. Someone who has led a multi-national company and has been down the road to being successful in advancing her career can be hard to find. One of these rare individuals would be Susan McGalla, who has led many well-known organizations and has founded extremely important companies as well on crunchbase.com.

Susan McGalla has quickly established herself as an expert in the field of branding, talent magaement, marketing and operational efficiencies. She has spoken about her advice to woman on how to get the promotions in a male-dominated profession to many audiences over the years. “Most women I speak to strongly desire authenticity,” McGalla said. “They usually don’t want to be targeted as just women any longer, but they want to looked upon as professionals, just like the boys.” Because McGalla grew up in a household with two older brothers and a football coach father, she grew into a strong, independent woman. Her father was a stern but loving man who did not make excuses for her just because she was a girl. “Growing up I was definitely encouraged to share any good ideas I had and not worry about the audience,” she said.

McGalla began her illustrious business career with a BA in Business from Mount Union College and started off her impressive resume with her first position at the Joseph Horne Company. In 1994 she began one of her most notable positions, an entry-level effort with the American Eagle Outfitters company. Although she was in an intensely male environment, her hard work paid off and she wound up becoming President and Chief Marketing Officer from 2000 to 2009. McGalla had another notable position where she founded her own consulting firm in 2013 called P3 Executive Consulting. Her career has led her on many unique paths, including the current development where she is the Director of Strategic Planning and Growth for the NFL’s Pittsburgh Steelers. McGalla is the epitome of today’s American professional woman: one who does not quit and shows the true grit needed under pressure in order to complete the task in only the most excellent way possible.

Success Through Service: The Vijay Eswaran Story

Vijay Eswaran, the CEO of QNET, the son of a teacher and the Malaysian Minister of Labor has remarked the learned part of his life philosophy “service over self’” from his the father. He has used that philosophy and an innovative approach to sales and marketing to become a powerhouse in the Asian business world.

Born in Malaysia in 1960, Eswaran lived many different parts of the country in his early childhood due to his fathers job with the Labor Ministry. He received a degree from the London School of Economics in 1984 and a MBA from Southern Illinois University in 1986. He then took positions of responsibility with several companies including IBM in the United States, Canada, Europe and Australia.

In the early 1990’s Mr. Eswaran returned to Malaysia with thoughts of becoming an entrepreneur. In 1998 he founded the QI Group with a group of similar minded investors. Successfully merging the power of a direct sales-force with e-commerce to propel QI Group into a multi-million dollar international conglomerate. Today the QI Group, of which QNET is a subsidiary, is involved in telecommunications, hospitality, travel, luxury goods, health and wellness goods, training, corporate investments and media.

Mr. Eswaran believes that companies only succeed through the success of the people employed there. He believes one of the keys to success is identifying and attracting like minded people. Saying he looks for more undefinable traits in people such as loyalty, ability to work hard, daring, determination, and trust. Believing a business can be operated much like a sports team he emphasizes recruiting the best people, through training, developing a strategy, outworking your competition, continuous skill improvement, and knowledge of business.

In addition to his business interests Mr. Eswaran (YouTube)
is know for his philanthropic efforts and has received numerous awards. He is responsible for the establishment of the RYTHM Foundation which is the corporate social responsibility wing of the QI Group. He has established the Malaysian chapter of the RYTHM Foundation called the Vijayaratnam Foundation in honor of his father. It is involved in child mentoring, special education, women empowerment and child development.

Mr. Eswaran is also the author of four books including the very popular life management book Sphere of Silence. He also has: In the Think Zone, 18 Stepping Stones and On the Wings of Thought to his credit.

Vijay Eswaran believes success in life comes though hard work and having a strong team around him. He believes in helping those around him succeed as well through his many philanthropic efforts and his writings.