LA Mom, 22, Missing After Trip To Neighborhood Drug Store « CBS Los Angeles

LA Mom, 22, Missing After Trip To Neighborhood Drug Store « CBS Los Angeles

CNBC Asia:2012 Outlook

CNBC Asia's Karen Tso offered a number of points for investors to consider in 2012:I don't think we're gonna be worried about China anymore.People are being defensive.
Thailand and Indonesia are consumption stories.Thailand's main policy is to increase the minimum wage.
The Shanghai Composite is down more than 20% this year.From a valuation perspective,it's one of the cheapest markets in Asia.There could be a big upside in early 2012.
In Asia,central banks loosening monetary policy could be potentially positive for stocks,Ms.Tso observed.
Karen Tso,based in Singapore,is co-host of CNBC Asia's "Squawk Box" programme.She has a Bachelor of Commerce degree from Griffiths University in Queensland,Australia.A business journalist for more than 10 years,Ms.Tso came to CNBC from Australia's News Nine.
Extra:Recent data suggests the growing influence of China's middle and upper classes.China's grain companies have bought 18 million tonnes of new grain,according to the Xinhua news agency.Chinese pork prices rose up to 0.3% in mid-December trading,and China just overtook India in jewelry sales.

Wealth Manager:What To Expect,For How Long

The economy's been picking up modestly,says Jason Pride,CFA,Director of Investment Strategy at Glenmeade Investment and Wealth Management.The political side of the equation in Europe is in complete contrast to that.It's gonna take a long time.Expect a bumpy period for an extended amount of time.
The reality is,we live in a very global environment.Our expectation is a moderate downside in Europe,not dragging the U.S. into the abyss.Our big theme is,don't hide in cash or Treasuries which are paying you nothing.
Glenmeade likes high quality high yield bonds and defensive,high quality stocks such as Colgate Palmolive and Yum Brands.These are companies linked to the emerging markets,Mr.Pride pointed out.
Glenmeade is a privately held firm that cites its strength and stability as an organization,delivering consistent and thoughtful advice in all markets,year after year.Glenmeade offers sophisticated strategies based on intellectual rigor for individuals,families,family offices and institutions.It has six offices in locations such as Philadelphia and Morristown,New Jersey.
Colgate Palmolive(CL),Yum Brands(YUM)

Asset Manager:Why PepsiCo Is Favored

The forward rate of return of PepsiCo is larger than that of Coca-Cola,according to Donald Yacktman,President and Co-Chief Investment Officer of Yacktman Asset Management.PepsiCo comprises 11.2% of YAM's portfolio.Any great business will have experience in both the U.S. and internationally,as PepsiCo does.
PepsiCo offers a slightly better rate of return,and we feel more comfortable with it.We also like and own Coca-Cola shares.
PepsiCo could change its name to Frito-Lay,the name of its snack food division.It makes more money than the soft drinks.Just walking down the grocery store aisle,you can see Frito-Lay's dominance,Mr.Yacktman noted.
Yacktman Asset Management manages two mutual funds,The Yacktman Focused Fund(YAFFX)and The Yacktman Fund(YACKX).Founded in 1992,the firm claims it is focused on delivering risk-controlled results by being objective,diligent and patient.
PepsiCo(PEP),Coca-Cola(KO)

OppenheimerFunds:Liquidity and Structure in Europe

Thought leaders at OppenheimerFunds have been going over the recent proposals and rumors in Europe.The market is so volatile because of fear of lock up of the financial system.There is a multifaceted game of chicken that the Europeans are playing with one another,resulting in someone driving off a cliff.There does need to be some structural reform.Can it be put in place before the European Central Bank does what it should do?asks Jerry Webman,PhD,CFA,Chief Economist and Senior Investment Officer at OppenheimerFunds.
At least the Europeans have been willing to shake things up a little.Here in America we have an uneasy equilibrium.Among portfolio managers,there's a feeling we're as good as our last idea.Nobody wants to make a bad bet.You get punished for it,Dr.Webman observed.
It's a step in the right direction,adds his colleague Alessio di Longis,CFA,Vice President at OppenheimerFunds,but we are treating the symptoms,not the disease.It does absolutely not mean that we should start emphasizing stocks.Today signals the ECB tendency to ease,but we are not treating the underlying problems.
We have treated the Euro problem from an individual country approach.We need a structural approach,Mr.di Longis agreed.
Oppenheimer Holdings(OPY)