Manchester Capital Management, Shares Investment Outlook on Wall Street Week, Sees Strength in U.S.
(1888PressRelease) In an insightful and broad-reaching interview conducted by Wall Street Week, Ted Cronin, Chief Executive and Chief Investment Officer of $1.5 billion wealth manager Manchester Capital, shares his optimism about the U.S. equity markets and observes that experienced judgment, in addition to technical analysis, is needed to identify the best opportunities for investors.
Manchester Capital Management, LLC Chief Executive Officer and Chief Investment Officer Ted Cronin recently appeared on Wall Street Week to discuss his views on the U.S. financial markets and global economic outlook.
Mr. Cronin sees the strength in U.S. markets continuing due to a combination of factors including low interest rates, good corporate earnings and modest inflation. In addition, Mr. Cronin observed that financial market performance in January, often a harbinger of how markets will perform for the remainder of the year, was very positive in January 2011 and noted that the third year in a U.S. election cycle is often a positive for domestic markets.
In certain emerging markets, Mr. Cronin has concerns about inflationary pressures. Governments in China and Brazil, he noted, have to address inflationary pressures in the prices of food, raw materials and notably in labor, circumstances that are difficult to overcome. The governments in both countries are using tools available to them to slow inflation but growth in those countries is likely to slow and spur global inflation. Still, Manchester Capital remains committed to investing selectively in emerging markets.
Recent problems in the real estate market have produced opportunities for Manchester Capital clients. The firms unique expertise includes purchasing real estate directly for its wealthy clients, sometimes in place of real estate partnerships or real estate investment trusts. Distressed properties are still available at attractive prices and transactions to date have been financially rewarding. Mr. Cronin said clients enjoy owning real estate and get to walk around something they own rather than holding 100 shares of stock. Properly structured, real estate ownership also provides an efficient intergenerational wealth transfer strategy.
In the commodities markets, Mr. Cronin believes that speculation and hoarding are contributing to escalating prices for copper and gold, among others. While some investors are jumping on hard assets in the belief that they are bound to increase in value, Manchester Capital urges caution and sees prices inflated beyond existing demand and actual need for these commodities.
At its core, Mr. Cronin observed, Manchester Capital offers its wealthy investors experienced judgment about economic conditions based on history in the market combined with the ability to determine what market conditions mean for different asset classes and where the greatest investment opportunities lie.
A link to the complete interview can be found at
http://www.mcmllc.com/news.cfm
About Ted Cronin
Ted Cronin is the founding partner of Manchester Capital Management, LLC. As Chief Executive Officer and Chief Investment Officer, he is responsible for client relations and overall leadership of the firm, directs investment strategy and policy and serves as chairman of the Manchester Capital Investment Committee. Barrons has recognized Ted as one of the nations Top 100 Independent Advisors for 5 years.
About Manchester Capital Management
Manchester Capital Management, LLC is a private wealth management firm offering comprehensive investment and financial services to wealthy individuals, families and non-profit organizations. With approximately $1.5 billion under management and offices in Manchester, Vermont and Montecito, California, Manchester Capital Managements clients are located across the U.S. and throughout the world.
About Wall Street Week
http://www.wallstreetweek.com/ted-cronin-manchester-capital-management/
For more than three decades on PBS, Wall Street Week was the high-level, low-decibel source for individual investors. Today, the name and mission are the same but the people and technology are new. Each week, Wall Street Week brings long-term oriented individual investors the latest thinking from nationally recognized financial advisors, analysts and money managers.
Source:
http://www.1888pressrelease.com/manchester-capital/manchester-management/manchester-capital-management-shares-investment-outlook-on-pr-283328.html
Processing your request, Please wait....
