Managers signal warning over European markets

first_imgEuro-zone equities have “struggled” relative to US equities, BoAML added. Average allocations to Europe have reduced slightly since May, but the researchers said they remained positive in the short term on the region, citing the economic backdrop and expected free cash flow growth.A majority of those surveyed (42%) said that the Fed’s planned reduction of its quantitative easing programme this year would be a “non-event”. Roughly a third (31%) said it would send bond yields up and stock prices down.“Yet until 10-year Treasury yields climb the wall of 3%, few investors think Treasuries will cause an equity bear market,” BoAML’s researchers said.The survey also showed that the sample of 179 managers had their highest net underweight position in US stocks since January 2008. The UK was managers’ biggest underweight relative to the survey’s history.During June, US tech stocks were among the most sold sector: 68% of respondents said US and global internet stocks were “expensive”. A further 12% said the sector was “bubble-like”.Since 2009, technology has been the most popular sector in 80% of BoAML’s surveys, the company said.Managers held an average 4.9% in cash, the research showed, down slightly from 5% in June’s survey. A quarter of those holding higher cash levels said they were doing so because of “bearish views on markets”. The European Central Bank (ECB) is the most likely trigger of a selloff, according to a leading survey of fund managers.Managers told Bank of America Merrill Lynch’s (BoAML) monthly sentiment and positioning survey that the risk of a policy mistake from the US Federal Reserve or the ECB was the second biggest tail risk, after a bond market crash.In addition, respondents said euro-zone equities and EU and US credit were among the most crowded trades, which BoAML said meant the ECB was the “most likely central bank to spark global ‘risk-off’” scenario.BoAML’s researchers said: “The persistent overweight in euro-zone versus US equities could be more bad news for European investors. The three-month average for allocation [to Europe] is above 50% and, at 57%, is a record high. This is often a contrarian signal.”last_img read more

England senior ladies are European champions

first_img The England senior ladies’ team beat France today to be crowned champions of Europe for the first time.They triumphed by winning 3½-1½ in the final of the European senior ladies’ team championship at Gut Altentann Golf Club in Austria.“The team stuck to their game plans and played their hearts out to win the gold medal,” said team captain Pat Wrightson.Fittingly, Chris Quinn (image © Leaderboard Photography) helped to deliver the winning point, securing it with a tremendous fightback in the foursomes in partnership with Lulu Housman.England has been represented in this championship in eight of the nine years it has taken place – and Chris has played in every team. During that time she’s amassed three silver medals and two bronzes, but the gold has eluded her until now.However, at one stage, a foursomes win looked extremely unlikely. The pair were five down after nine holes – but in an amazing turnaround they won the next seven holes, before clinching their win with a par on the 17th.Earlier, English senior stroke play champion Cath Rawthore and Somerset’s Amanda Mayne had both scored big singles win to take England to the brink of victory. Cath won 5/4, holing a number of key putts, while Amanda was solid throughout her match and won 6/4.Debbie Richards also played solid golf but met a French player on the top of her game and lost to sub-par golf. The match of Julie Brown, the English senior champion, was deemed halved when the overall outcome was decided. At the time, she was on the 17th tee, one down in a very tight match having lost the 15th to a birdie.Ireland, who were the 2013 champions, beat Sweden in the play-off for third place and won the bronze medal.England resultsFoursomesChris Quinn (Hockley) and Lulu Housman (Highgate) beat Laurence Rozner and Virgine Burrus 2/1SinglesJulie Brown (Trentham) halved with Nathalie LamboultCath Rawthore (Sale) beat Sophie Pfeiffer 5/4Amanda Mayne (Saltford) beat Christine Muracciole 6/4Debbie Richards (Burhill) lost to Christine Mouhica 5/45th September 2014England ladies to play France in Euro finalEngland will play for the gold medal tomorrow when they meet France in the final of the European senior ladies’ team championship at Gut Altentann Golf Club in Austria.The team beat Sweden 3½-1½ with a fine performance in today’s semi-final, which was delayed for an hour due to heavy mist.Captain Pat Wrightson commented: “England built on their successful qualification in second place and rose to the challenge, beating a determined Swedish team.”The first point was secured by Chris Quinn and Lulu Houseman who produced a great fightback from two down to win the foursomes.English senior champion Julie Brown kept the momentum going when she birdied the last to win the top singles match. Debbie Richards claimed the crucial third point and the team’s place in the final when she defeated her opponent 4/3.Pat added: “The golf was of a high standard and the patience of the England players was rewarded with a place in the final against France tomorrow.”ResultsFoursomesChris Quinn (Hockley) & Lulu Housman (Highgate) beat Anette Djup & Charlotte Rhedin 2/1SinglesJulie Brown (Trentham) beat Helene Maxe 1 upCath Rawthore (Sale) lost to Ylva Skannestigh 2/1Amanda Mayne (Saltford) halved with Christina BirkeDebbie Richards (Burhill) beat Eva Hildebrand 4/34th September 2014England ladies qualify second in Euro championshipEngland delivered in style in the weather-hit European senior ladies’ team championship, responding to repeated delays in play by qualifying second for the medal match play flight.Persistent and torrential rain meant that the start of the championship – scheduled for Tuesday – was delayed by two days at Gut Altentann Golf Club in Austria.And when championship finally got underway today it was in a curtailed event: the course was shortened to par 67 to take the wettest areas out of play; and only the leading four teams qualified in the top match play flight, instead of the usual eight.England, however, rose to the challenge. The team had spent the time using the practise facilities – which remained open – and walking the course. They also passed away a few hours with a visit to Salzburg and a Sound of Music coach tour!When the event began, they were ready to grab their place in the semi-finals, where they will play Sweden. Captain Pat Wrightson remarked: “It was a very challenging round of golf for the players with embedded balls, casual water and much GUR.“The team has shown great strength of character in using their time profitably on the practice range and walking the course and they remained upbeat and focussed for today.”The scoring was led by Somerset’s Amanda Mayne  (Saltford) on 70, followed by English senior champion Julie Brown (Trentham) and Chris Quinn (Hockley) on 71, senior strokeplay champion Cath Rawthore (Sale) on 74 and Lulu Housman (Highgate) on 80. The 82 of Debbie Richards (Burhill) was discarded.France qualified top, followed by England, Sweden and defending champions Ireland. Click here for the qualifying scores 4 Sep 2014 England senior ladies are European champions last_img read more

Thurston County Public Health Talks Teens and Opiods

first_imgFacebook8Tweet0Pin0Submitted by Gabrielle Byrne for Public Health and Social ServicesOpioids have two faces: they can reduce pain and they can trigger the body to release pleasure-related chemicals in the brain (dopamine is one you may have heard about). This can lead from use to misuse, and possibly to an addiction to opioid drugs.Teenagers are getting addicted not just to street drugs, but also to prescription pain killers. Opioids now represent a clear and present danger to kids everywhere. According to the National Center for Health Statistics, teen deaths due to opioid overdose rose by 19% in a single year. This includes deaths due to street drugs like heroin and fentanyl, as well as to prescription medications (like oxycodone). According to the National Institute of Health, some teens may use multiple drugs or combine drug use with alcohol.Okay, you say, but this is a huge national problem. What can we do here? How can we help our own kids, and friends in our community?Be aware. Opioids are commonly prescribed to teens for things like dental surgery (e.g.; wisdom teeth), or sports injuries.  Parents should ask their child’s doctor about alternatives to prescription pain medications, as well as non-drug pain relief methods (massage, physical therapy, acupuncture, etc.). If prescription pain medication is needed, ask for the lowest possible dose, and be sure an adult distributes and stores the medications. Monitor your child for signs of abuse, dependency, or over-medication.Stay connected. Playing an active, listening role for teens, to help them process what’s going on in their lives is important. Approaching touchy topics without judgment, as best you can, and sharing information shows you care.In fact, there have been a number of scholarly articles, and even Ted Talks, about the relationship between addiction and connection. The recent statement that seems to get the most play in the news is that “The opposite of addiction is not sobriety—it’s connection.”Beyond the blanket suggestion to “connect,” there are lots of concrete things that can help:Educate yourself and your teen about common substances and what they do.Talk to your teen and make sure they understand what they might, at some point, be offered, and the risks of that substance. Safe partying options are also an important discussion topic. Listen to their concerns. Offer to help them come up with creative ways to say no. Don’t put it off.Have the “Teen Link” number available on the fridge or other common space. If your teen needs to talk, and doesn’t want to talk to you, these are anonymous and confidential services. The Teen Link number is 866-833-6546 and it’s available in the evening from 6:00 p.m.-10:00 p.m. The 24-hour Crisis line is also an option: 866-427-4747.Give medication as directed. If your teen’s prescription is not controlling their pain, talk to their doctor.Don’t leave opioids out where they can be seen. Store them in a locked drawer, cabinet, or tool/tackle/lock box. Hide the key in a different location.Always dispose of medications properly. Use free Medicine Take Back service locations to drop off meds you no longer need. Locations are listed at takebackyourmeds.orgAddiction, when it happens, can be scary and overwhelming. There are associated health risks—sexually transmitted diseases, blood borne infections spread through sharing needles, and worries about overdose. Talking to your teen may also become more difficult. It can be hard to know where to start. Support services for families who have a loved one struggling with opioid addiction are available. If you, or someone in your household has an opioid addiction, it is legal for you to have Naloxone, a product that may help reverse an opioid-related overdose, on hand. This drug will not help with other non-opioid drugs like methamphetamine. There are many places where Naloxone is available. In addition, there are local crisis and treatment resources.There are no easy answers when it comes to preventing addiction, nor is there an easy way forward when it happens, but there is a broad community of support—ready, willing, and able to step up and do the work at your side.last_img read more

The Hands on Children’s Museum Celebrates National Children’s Dental Health Month…

first_imgFacebook39Tweet0Pin0Submitted by Hands On Children’s MuseumThe Hands On Children’s Museum will feature National Children’s Dental Health Month and promote the importance of good oral health throughout the month of February. Children can get free dental screenings, explore an interactive dental office exhibit, and enjoy special guests and activities all month.The Hands On Children’s Museum is partnering with the Willamette Dental Group as the presenting sponsor for Dental Health Month.“Helping the Hands On Children’s Museum in educating families about the importance of oral health at an early age is a good way to get involved and build goodwill,” explains Kim Ziebell, Vice President of Marketing and Brand Strategy, Willamette Dental Group. “We believe that when we support the communities that we serve, better oral health is a result.”Special guests and activities are featured all month and are free with admission. Kids can meet and get their photo taken with costumed superheroes–Amazon of Olympia and Batman in Seattle on February 8 from 1:00 p.m. – 3:00 p.m. In the MakeSpace, visitors can build toothbrush ‘bots, February 7-9, make a silkscreen smile print, February 14-17, and sew a monster mouth or tooth fairy pillow, February 21-23. Kids can explore the history of powerful pachyderms and see replicas of elephant, mammoth, and mastodon teeth February 14-16. For a full schedule of screenings and activities, visit the Hands On Children’s Museum website.Free dental screenings are another highlight of this month-long celebration giving many children who have never visited a dentist the chance to visit a dentist and learn about dental wellness. Screenings are completely free thanks to Screening Sponsor Small to Tall Pediatric Dentistry and over a dozen local dentists who donate their time. Screenings will take place from 1:00 p.m. – 3:00 p.m. each Saturday in February and during First Friday Night, February 7, from 5:30 p.m. – 8:30 p.m. Families who bring their children in for screenings receive free admission to the entire Museum. This is the 19th year that Hands On has offered free dental screenings to its visitors.The Museum’s Dental Health Month kicks-off with the opening of the interactive Puget Sound Dental Office exhibit on Feb 1, sponsored by Dr. Bo M. Davidson of Hawks Prairie Pediatric Dentistry. The Museum transforms an exhibit space into a Dental Office complete with a dental chair, lab coats, x-rays, and examination tools, where more than 70,000 visitors can explore the dental office and young visitors can become the dentist for the day.last_img read more