Showing posts with label CNBC. Show all posts
Showing posts with label CNBC. Show all posts

Tuesday, June 28, 2016

Keep calm and diversify: Experts share their post-Brexit advice


History Will Show Brexit Outcome "Colossal" Mistake | Squawk Box | CNBC

Investors are feeling skittish, after the Dow Jones industrial average and S&P 500 hit their lowest levels since March.

But Scott Hanson, senior partner and founding principal at Hanson McClain, told CNBC"s "Brexit: Facing the Fallout" special report that investors should take a "step back and realize that if they have a balanced portfolio, not all their money is getting hammered in the stock markets."

He explained that even if a portfolio was 50 percent invested in stocks, there was still another 50 percent that was protected from the perceived volatility in the market. Despite the move in equities Monday, the CBOE Volatility Index fell more than 7 percent.

Hanson said, however, that money that was intended to be used within the next five years shouldn"t be in stocks or other long-term investments at all.

Manisha Thakor of The Bam Alliance said that while was was difficult, "doing nothing is doing something it"s an active decision to stay put."

If investors felt that the current market action was "destroying" their retirement, that should be a red flag, according to Thakor.

"What that tells me is you either have the wrong asset allocation, an inappropriate level of of diversification or an inappropriate financial advisor who hasn"t explained to you why doing nothing is the correct active action to be taking in a market like this," she said.

Source: http://www.cnbc.com/2016/06/27/investors-should-stay-diversified-post-brexit-hold-off-on-london-property-sit-tight-on-assets-experts-advise.html

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Monday, June 27, 2016

Scientists find a way to get all the shampoo out of the bottle


Jay Leno Walks Away From Terrifying Crash | CNBC Make It.

Source: Philip S. Brown, Ohio State University

Silica nanoparticles embedded in a piece of polycarbonate form puffy, y-shaped structures that cradle droplets of soap and prevent them from sticking to the plastic below. Researchers at The Ohio State University have made similar advances with making soap slide off of polypropylene.

The structures, which look like heart-shaped corals, are spaced a few micrometers apart across the surface of the bottle. They branch out at the top, leaving a small layer of air between them and the surface of the bottle. This prevents the soap molecules from ever touching the bottle.

Bhushan told CNBC he got the idea when some people at Procter & Gamble told him they were interested in a shampoo bottle that would not let soap collect around the lid.

"I was speaking to Procter and Gamble, and I suggested self cleaning bottles at the time I was thinking of bottles that remain free of dirt and other contaminants," Bhushan said. "And they said "well we have been thinking about self-cleaning shampoo bottles, because the shampoo collects on the cap," and that is how the work started. We have no relationship with them, but often I talk to people to figure out what it is we should be working on."

Bhushan told CNBC that the product potentially has many uses. He said the team was applying for a patent on Monday, and will be seeking funding for further research.

Though the product works well in their laboratory tests, they will have to work more to achieve a substance that can fully repel substances in real world situations such as a shampoo that has been sitting in a bottle for months, as well as products that have different ingredients.

He also said the invention has potentially many applications, including in automotive parts, or even coatings to repel oils off smartphone surfaces. Bhushan said he has worked with Sony Japan and Honda, among others, on similar materials.

An email sent to Sony seeking comment was not returned at the time of publication.

Source: http://www.cnbc.com/2016/06/27/scientists-finally-get-all-of-that-shampoo-out-of-the-bottle.html

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Friday, June 24, 2016

US futures tumble after UK votes to quit EU; David Cameron plans to resign


Germany"s Brexit Strategy | Squawk Box | CNBC

A bid for "safe-haven" assets early on Friday saw 10-year U.S. Treasury note yields hit a low of 1.406 percent, its lowest since July 26, 2012. The yield recovered to near 1.49 percent as of 6:57 a.m. ET.

The 2-year yield hit a low of 0.499 percent, its lowest level since April 17, 2015.

Spot gold prices rose about 5 percent to near $1,327 an ounce, after earlier hitting its highest in more than 2 years.

Brent and WTI crude futures for August fell about 5 percent, to around $48.28 a barrel and $47.63, respectively.

U.S. stocks closed more than 1 percent higher on Thursday, with the pound near year-to-date highs against the dollar, as expectations rose that the U.K. would vote to remain in the EU.

Source: http://www.cnbc.com/2016/06/24/us-futures-tumble-after-uk-votes-to-quit-eu-uk-pm-says-plans-to-resign.html

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