Posts Tagged ‘health’

Beat and Treat ADD and ADHD without Drugs

by Tony Isaacs, Natural News

ADD (Attention Deficit Disorder) and ADHD (Attention Hyperactivity Deficit Disorder) are similar conditions. ADD is now often known as ADD/WO, meaning “attention deficit without hyperactivity”). Fortunately, such conditions may be prevented or improved with diet and supplementation instead of risky mainstream drugs.

Though ADD and ADHD may in part be syndromes created to describe age-old problems and publicized in order to sell drugs, it is also likely that modern living conditions are resulting in an increase in childhood and adult behavior and attention problems.

The suspected culprits for increased behavior and attention problems are multiple: excessive sugar and high fructose corn syrup, lack of vital nutrients, increased environmental toxins, increased vaccinations, food additives such as MSG, GMO crops, and exposure to microwaves and other electro magnetic radiation. In addition, lack of proper nurturing and parenting likely plays a big role as well.

One must remember that the brain is a vital organ just like the heart, lungs, liver, etc., and it needs optimum nutrition to function properly. Sadly, today’s SAD diet of fast foods, snacks & junk foods, microwavable meals and processed foods on the grocers’ shelves has left most of our kids, and us, woefully deficient in a great many nutrients the body was designed to utilize. Sometimes the consequences manifest themselves early on, and other times it is down the road a ways. But you can bet that there will be consequences if not addressed and corrected.

The first thing to do is to cut one’s consumption of sugar to a minimum. Excessive refined sugar has been linked heavily to ADD, ADHD, bipolar, depression and other mental disorders. Also avoid alcohol, caffeine, and refined foods.

Eat good sources of lean protein, such as cold water fish, including salmon, herring, and mackerel and free range organic chicken and turkey. Include plentiful Omega 3s.

Though low-carb and no-carb foods and diets have been popular in recent years, carbohydrates are an essential energy source for the body and mind. The key is to insure that you are receiving the right kinds of carbohydrates. Unhealthy carbohydrates result in too much sugar which causes the problems we are trying to prevent. Healthy carbohydrates can be found in fruits, vegetables and whole grains. Examples are: apples, oranges, peaches, grapefruit, carrots, Brussels sprouts, beans, and whole wheat bread.

Supplement with magnesium (a 1-2 ratio with calcium) if you are unsure that you are getting enough of this vital mineral. Various studies have indicated that anywhere from 80 to 95% of us are deficient in magnesium and symptoms include mental disorders, light or restless sleep, daytime sleepiness, and inability to concentrate.

Some other suggested supplements:

• GABA (Gamma-amino-butyric acid) – calms the body
• Pycnogenol and/or Grapeseed Extract – powerful antioxidants offering cellular protection for the body and brain
• Quercetin – prevents allergies from aggravating symptoms
• SAMe (S-Adenosylmethionine) – aids in relieving stress and pain (Note: do not use in the event of manic-depressive disorder or if on prescription antidepressants)
• Gingko – enhances blood supply to the brain and improves nerve cell function
• Colloidal gold – can improve mood and focus
• Valerian root extract – has been used for ADD with dramatic results and no side effects

Lastly, consider a good all around whole food vitamin, mineral and other essential nutrient product. Some of the many benefits of getting regular optimum amounts of essential vitamins, minerals and other nutrients include:

• Neuro-cognitive brain function
• Focus and concentration
• Mood regulation
• Short and long term memory
• Sleep and wake cycle
• Sugar control
• Brain growth and development

Source: www.naturalnews.com

Jeffrey D. Carlson is a CERTIFIED FINANCIAL PLANNER practitioner™ who can be reached at (410) 740-8000, 10025 Governor Warfield Parkway, Suite 209, Columbia, MD 21044. Or visit www.ameripriseadvisors.com/jeffrey.d.carlson

© 2010 Ameriprise Financial, Inc. All rights reserved.

EMPLOYMENT TAKES CENTER STAGE.
Within days of this report’s publication, the Labor Department is
scheduled to release its figures on the U.S. employment situation for
the month of March (Friday, April 2). Forecasters currently look for
the U.S. economy to have generated approximately 200,000 net new
jobs in the month. Although this would be the best employment
performance since December 2006, it should be considered that the
number is expected to benefit from some non-repeating factors.
First, some sectors of the economy, particularly construction, could
see a rebound from February’s blizzards. Second, the March
Employment report will likely be the first to see a material boost
from the temporary Federal Government hiring related to the 2010
Census.
These temporary fluctuations aside, however, we are optimistic of
the intermediate-term outlook for employment. We expect the U.S.
economy should be capable of generating average monthly payroll
gains of approximately 200,000 in the months ahead, exclusive of
Census related hiring. Non-farm payrolls had been improving at a
rate of approximately 70,000 per month (July 2009 thru January
2010), prior to the disruption of February’s snow storms, and we
believe recent spikes in labor productivity and temporary hiring
bode well for labor market performance over the intermediateterm.
Employment gains are now the critical component for sustained
economic expansion. Over the last several months consumer
spending has maintained a steady recovery, while consumer
income growth has stagnated. As a result, the personal savings rate
has fallen from an average of approximately 4% in the second half
of 2009, to just above 3% in February. These trends exemplify the
critical need for employment growth at this stage of the economic
cycle – to provide consumers with the income they need to maintain
their spending recovery. Fortunately, we believe such employment
gains may be right around the corner.
TEMPORARY EMPLOYMENT TRENDS BODE WELL.
A rise in temporary hiring is typically a precursor of permanent
hiring and stronger payroll growth. Businesses often turn to
temporary workers before making the commitment to a permanent
hire as they seek further confirmation of improving demand trends.
Temporary hiring over the last six months has been exceptional,
with the percentage of temporary workers in the labor force spiking
at a rate not seen in the 30 years that the Labor Department has
tracked such data. New claims for unemployment insurance have
also declined and, in fact, their pace of improvement has been faster
than that of either of the prior two recessions (2001 and 1990-’91).
These indicators, combined with rising corporate profitability and
expanding new order books, give us growing confidence that
employment gains, once they start, should be sustainable and fairly
robust.
Source: U.S. Federal Reserve, Ameriprise Financial Services, Inc.
PLEASE NOTE: FOR IMPORTANT DISCLOSURES, INCLUDING POTENTIAL CONFLICTS OF INTEREST, PLEASE SEE THE LAST
PAGE OF THIS PUBLICATION.

0.25%
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0.00%
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0.10%
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1990M8
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2009M11
6monthchangeintemporaryhelpasa%of
thetotalU.S.workforce.
Economic Perspectives March 31, 2010
© 2010 Ameriprise Financial, Inc. All rights reserved. – Page 2 of 7
THE CONSUMER NEEDS FUEL.
Despite a sharp decline in the second half of 2008, total consumer
spending has recovered to reach new record highs in each of the last
four months. This trend may seem counterintuitive considering the
rising unemployment rate, but these gains largely reflect improving
sentiment on the part of the 90% of the U.S. labor force that is still
employed. Feeling a bit better about their own employment and
financial situation, employed Americans appear to be releasing
some pent-up demand.
Source: Thomson Baseline
These spending gains, however, have largely come at the expense of
savings. Over the last six months, consumer spending is 2.2% higher
in aggregate, yet disposable income is just 0.9% higher. The
difference having come from a one point decline in the savings rate.
We believe consumers are unlikely at this point to push the personal
savings rate into negative territory, thus there is a clear limit, in our
view, to spending growth absent near-term income gains.
We had expected net positive job growth to resume in the month of
February. Unfortunately, this expectation got snowed under by the
consecutive blizzards that ravaged the Mid-Atlantic states in the first
half of the month. Even with the snow storms, the 38,000 net jobs
lost in February was a considerably smaller outcome than what most
forecasters, including ourselves, were anticipating.
There is also growing evidence of pent-up demand for workers
across broad sections of the economy. An often overlooked measure
of labor utilization, labor productivity, implies that employment
gains in the months ahead could be stronger than many currently
expect. Specifically, productivity (measured as total output per hour
worked) has surged over the last year at a pace stronger than at any
other time in the 60 plus years that the Labor Department has
recorded this measure. Put another way, businesses are pushing
their current workers to the max.
Source: U.S. Dept. of Labor, Ameriprise Financial Services, Inc.
Our research shows there is a clear historical connection between
spikes in labor productivity and future hiring. We examined payroll
growth following prior productivity spikes and found that hiring in
the three quarters after such occurrences was typically 20% to 25%
stronger than average.
Employment will also get a big boost this spring from temporary
hiring related to the 2010 Census. Examining the hiring and firing
trends of the 1990 and 2000 Census programs suggests that the vast
bulk of these gains should come in the months of March, April and
May. Census officials have already said that they expect hiring to
peak in May with the potential addition of as many as 500,000
employees that month alone. Of course, these people will eventually
be laid-off in the second and third quarters of the year when most of
the leg-work is completed. In all, the Labor Department’s monthly
Employment Report will see significant volatility over the next few
months. But given the very temporary nature of the employment
and the well communicated impact of such from the Labor
Department, we expect market participants will look past these
temporary Census related fluctuations and focus on the privatesector’s
true job creation abilities.
We believe non-farm payrolls beyond March should average
approximately 200,000 per month (excluding Census). Recent
productivity gains have been exceptional; combined with rising
corporate profitability, sharply higher temporary employment, and
expanding new order books, gives us confidence that the
employment gains, once they start, should be sustainable.


4.0
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2008Q3
Yr/yrchangeinlaborproductivity
Economic Perspectives March 31, 2010
© 2010 Ameriprise Financial, Inc. All rights reserved. – Page 3 of 7
ECONOMIC OUTLOOK:
We have made very minor changes to our economic forecast over the
last month. Favorable trends in business and consumer spending
have largely offset slightly more negative expectations regarding the
U.S. trade balance. The general tone of economic reports, however,
has been quite positive. Overall, we still look for average Real GDP
growth this year of about 3%, which is essentially unchanged from
our expectations at the start of the year.
The Commerce Department, meanwhile, recently provided its final
assessment of Q4-2009 Real GDP, showing the U.S. economy
expanded at a slightly slower 5.6% pace, as opposed to its prior
estimate of 5.9%. As we’ve noted previously, most of the surge in
fourth quarter GDP came from a turn in the inventory cycle.
Reduced inventory liquidation efforts generated a hefty 3.7 of the of
the fourth quarter’s 5.6 percentage point (pp) gain. Inventory levels
still fell during the period (by $19.7 billion versus a huge $139.2
billion decline in Q3) but since GDP is measured on a quarter-overquarter,
annualized basis, this reduced inventory liquidation actually
added to GDP. Going forward, economic growth should further
benefit from the inventory cycle, but on a much smaller scale. We
expect inventories to add about 1 point of growth in Q1 and about
0.5 points of growth in each of the remaining quarters of the year.
Source: Actual GDP numbers via U.S. Commerce Department. Estimates via
Ameriprise Financial Services, Inc.
We have not yet published a full-year 2011 outlook, but our
preliminary view looks for further improvement in underlying
economic fundamentals, to be offset somewhat by higher taxes. We
currently see U.S. economic growth in 2011 as likely in a modest
expansion range similar to that of 2010; +2.5% to +3.5% Real GDP
growth.
Tax rates, however, remain a key uncertainty. Clearly, personal tax
burdens are expected to go higher, but the magnitude of such is still
difficult to determine. Personal income tax cuts introduced by the
Bush Administration in 2001 and 2003 are set to expire at the end of
this year, and without new legislation marginal rates will revert to
their prior levels ( i.e. higher) on January 1, 2011. President
Obama’s budget proposal for fiscal 2011, however, has proposed that
only the upper income brackets move back to their prior levels (for
individuals making more than $200,000 per year and families
earning above $250,000) and rates remain steady for lower income
brackets. While this is consistent with Mr. Obama’s campaign
promises, it provides a funding problem if these “tax cuts” are not
“paid for” with cuts elsewhere. The nonpartisan Congressional
Budget Office (CBO) estimates that U.S. Federal debt as a
percentage of GDP would rise steadily over the next ten years – to
90% by the end of its forecast period in 2020, if President Obama’s
2011 budget plans were enacted. Such levels are simply
unacceptable and inconsistent with a sound economy, in our view.
By comparison, the U.S. ended 2009 with Federal debt-to-GDP of
54.1%, which itself is seen by most economists as already too high.
The CBO’s prior “base-case” outlook estimated debt-to-GDP of
67.1% by 2012, but then leveling out to end 2020 at 67.5%. Still
much too high – but a lot better than 90%.
HEALTH CARE:
Clearly the most significant development since our last report has
been passage of the “Patient Protection and Affordable Care Act”
(i.e. the Health Care Bill). Much of the discussion around this
legislation has focused on people’s perceptions of a “government
take-over” of health care. More pragmatically, we believe it is
important from the perspective of the economy and corporate profits
to focus on the near-term systematic costs. The estimated $940
billion price tag will have to be paid for via higher aggregate tax
rates, although a significant portion is also borne by organizations
within the health care community. Additionally, these numbers only
look at costs on the government side of the equation. The cost of
individual health insurance plans is also very likely to rise over the
intermediate-term. Insurers will not be able to turn-away those with
pre-existing conditions nor place caps on coverage. These added
cost burdens to the insurance sector are very likely to be passed
along to the consumer in the form of higher premiums.
Overall, we believe the legislation is likely to have a moderating
impact on our expectations for economic growth over the
intermediate-term. Most of the new taxes associated with this
legislation ease into existence over the next few years which should
also ease its economic impact. As previously noted however, these
incremental tax increases could come at a bad time should personal
income tax rates also go up as we expect.

Economic Perspectives March 31, 2010
© 2010 Ameriprise Financial, Inc. All rights reserved. – Page 4 of 7
MANUFACTURING MOMENTUM PERSEVERES:
The manufacturing segment remains a clear bright spot for the
economy, in our opinion. New orders continue to see fairly solid
month-over-month expansion and production volumes, though
building, are still not quite high enough to avert further inventory
reductions in all months.
The chart below shows the new orders component of the Institute of
Supply Management’s (ISM) Manufacturing survey. This survey is a
diffusion index, meaning numbers above 50 indicate month-overmonth
expansion, while numbers below 50 indicate month-overmonth
contraction.
New Order activity remained quite positive in the month of February
with a reading of 59.5. This was down somewhat from the 65.9
registered in January (which was the highest reading for this metric
since the second half of 2004), but still pretty good, in our opinion
considering the likely impact of snow storms during the period.
Source: ISM, Thomson Baseline
With new orders continuing to grow, inventory levels dwindling and
production volumes rising, U.S. manufacturers added new
employees, in each of the last two months, according to the Labor
Department’s monthly Employment survey. January and February’s
small gains represent the first expansion of payrolls in the
manufacturing sector in nearly four years. The various Federal
Reserve regional manufacturing surveys indicate that these
employment trends may have gained momentum in March as each
of the reports showed labor growth for the month (for the first time
since November 2006).
As shown in the chart below, business inventories in relation to sales
are very near pre-crisis lows – but still falling fast. In other words,
despite the rebound in production over the last several months,
suppliers are still under-producing end demand. Absent a sudden
increase in production or a sharp decline in sales, inventory levels in
aggregate could soon become too tight.
Source: Census Bureau, Thomson Baseline
Normally, such a situation could stimulate inflation pressures, but
given the weaker than average end demand associated with this
recovery, we do not expect inflation pressures to become a material
risk over the near-term. The pattern however, bodes well for the
continued expansion of aggregate production, as there is now little
left in inventory for producers to use in filling orders.
While we believe it is still too early to raise our economic growth
expectations in light of the recent strength in manufacturing
conditions, current inventory levels combined with ongoing new
order trends give us confidence in the recovery’s sustainability over
the intermediate-term.


Economic Perspectives March 31, 2010
© 2010 Ameriprise Financial, Inc. All rights reserved. – Page 5 of 7
CORPORATE PROFITS: THE BRIDGE BETWEEN THE
ECONOMY AND MARKETS
While we wait for consumers to further clean-up their balance sheets
and worry about the direction of government finances, the strong
financial position of corporate America appears to be getting
overlooked. Profits are surging, revenues are gaining momentum
and aggregate balance sheets are in their best position in decades
(see chart at right).
Profits for companies of the S&P 500 exceeded estimates by a wide
margin in the fourth quarter. A strong 74% of S&P 500 firms
reported better than expected results, and just 14% came-in below
estimates, according to Bloomberg data. As a result, total operating
earnings for companies of the S&P 500 were a sharp 47% higher
than year-ago levels, as compared to expectations for a 24% gain.
Of course, it should be taken into account that the year-over-year
performance benefited from exceptionally easy year-ago
comparisons.
First Call consensus estimates for Q1-2010 currently look for S&P
500 earnings to post a yr/yr gain of 34% as comparisons to the
year-ago period remain very easy. For all of 2010, S&P 500
earnings are currently forecast (via the First Call consensus) to be
20% higher yr/yr.
A number of notable companies have recently announced plans to
take special charges related to the Health Care Bill. We note
though that these charges have been “non-cash” charges meaning
an accounting adjustment to the balance sheet, but no actual
change in cash balances.
Corporate revenues are also starting to show improvement. In the
fourth quarter, only Industrials (-4%) and Utilities (-9%) reported
year-over-year revenue declines, while for the entire S&P 500
revenues were reported as 7% higher, according to Bloomberg.
Fifty-four percent of companies reported better than expected
revenue results and 21% came-in shy of estimates.
We expect revenue growth to slowly gain momentum in the quarters
ahead, thus allowing companies to further leverage prior cost cuts
via margin expansion. As we have noted in past commentaries, this
is very much the typical pattern at this point in the economic cycle.
Early in an economic recovery, companies slash costs aggressively
and these cuts fuel early sequential earnings improvements. As the
economy stabilizes and begins to grow, revenue gains can be
leveraged off of the prior cost reductions to provide further profit
margin improvements.
Source: Federal Reserve, Ameriprise Financial Services
 Year-over-year Operating EPS growth: Actuals and Estimates:
         
Q1-2009 Q2-2009 Q3-2009 Q4-2009 Q1-2010 Q2-2010 Q3-2010 Q4-2010 Calendar Calendar Calendar
2008 2009 2010 Forward
ACTUAL ACTUAL ACTUAL ACTUAL Estimate Estimate Estimate Estimate ACTUAL ACTUAL Estimates P/E
Consumer Cyclical -101% 64% 139% 1333% na 35% 14% 7% -55% 75% 47% 16.7
Consumer Staples -2% 2% 6% 17% 9% 7% 5% 3% 12% 6% 7% 14.6
Energy -61% -67% -63% -27% 44% 62% 40% 35% 19% -57% 43% 13.1
Financials 40% 319% 256% 165% 20% -28% 23% 90% -108% 588% 15% 17.5
Health Care 2% 4% 5% 4% 5% 10% 11% 14% 9% 4% 9% 12.2
Industrials -38% -34% -40% -12% 0% 2% 27% 9% 1% -32% 8% 17.7
Materials -75% -65% -47% 70% 148% 109% 43% 37% -5% -52% 72% 17.2
Technology -30% -17% -3% 56% 62% 40% 25% 6% 1% 0% 25% 15.7
Telecom -12% -19% -20% -31% -20% -16% -3% 16% -6% -20% -7% 14.7
Utilities -1% -6% 0% -2% -3% 3% 5% 9% 2% -2% 3% 12.0
S&P 500 Total -31% -13% -5% 47% 34% 14% 20% 21% -20% -5% 20% 14.9
         
S&P 500 Trailing
12-month Operating EPS $62.85 $60.21 $59.37 $65.26 $69.63 $72.02 $75.45 $79.24 $68.63 $65.26 $79.24
Source: First Call via Thomson Baseline; data as of 03/31/2010
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Ratiooffinancialassetstototalliabilities
forU.S.nonfinancialcorporations
Economic Perspectives March 31, 2010
© 2010 Ameriprise Financial, Inc. All rights reserved. – Page 6 of 7
SUMMARY
Over the near-term we have growing confidence in the recovery’s
sustainability. Job growth looks set to resume, production volumes
are rising, and demand appears to be gaining momentum.
Exceptionally heavy sovereign debt loads, further commercial real
estate pressures and a deleveraging American consumer, remain
very compelling headwinds to overcome. But on balance we believe
improving fundamentals; notably business investment, expanding
consumer classes in many developing economies, and a slow
rebound in U.S. consumer spending, should ultimately win the day
and keep the global economy on a path of slow recovery.
The intermediate-term outlook however, is clouded by what could be
materially higher personal tax burdens on the horizon. Higher tax
rates weigh on economic potential but they do not necessarily stifle
growth prospects completely. The slow growth recovery of the early
1990’s is a good example of a sustained recovery enduring despite
higher tax burdens. Interest rates, however, were generally declining
over that period – the potential for which is not a realistic option in
the currently scenario.
RISKS
While we have confidence in our view of a slow yet positive
economic recovery, we recognize that a number of serious economic
and financial market challenges remain. The credit market turmoil
of the last few years is widely seen as the greatest threat to the global
financial system in a generation. Despite what we believe are signs
of improvement in this space, notable risks remain evident and the
improvements could unexpectedly reverse due to any number of
unforeseen circumstances. The ongoing correction in the U.S.
housing market also raises the risk of a prolonged economic lull,
especially if consumer access to credit remains constrained.
Commercial mortgage default rates are also rising and could pose yet
another hit to the financial system in the quarters ahead.
This space intentionally left blank.
Economic Perspectives March 31, 2010
© 2010 Ameriprise Financial, Inc. All rights reserved. – Page 7 of 7
DIRECTOR OF RESEARCH
Lyle B. Schonberger
SECTOR ANALYSTS
Consumer Goods and Services
Patrick Diedrickson, CFA
Energy/Utilities
Leze Thaqi
Financial Services
Lori Wilking
Health Care
E. Eugene Robinson
Industrials/Materials
Frederick M. Schultz
Technology/Telecommunication
Justin H. Burgin
PORTFOLIO STRATEGY ANALYSTS
Economic Strategist
Russell T. Price, CFA
Market Strategist
Marc A. Zabicki, CFA
Model Portfolio Strategists
Matthew J. Koellner, CFA
Steven F. Shepich, CFA, CPA
PACKAGED PRODUCT ANALYST
(Open-End, Closed-End, & Exchange Traded Funds (ETFs))
Anthony M. Saglimbene
FIXED INCOME LIAISON
Marc A. Zabicki, CFA
ADMINISTRATIVE ASSISTANT
Robert Engle
The views expressed regarding the company and sector featured in this publication reflect the personal views of the Ameriprise Financial
Services, Inc. analyst(s) authoring the publication. Further, Ameriprise Financial Services, Inc. analyst compensation is neither directly nor
indirectly related to the specific recommendations or views contained in this publication. For important disclosures on securities mentioned in
this analysis, please review available third party research reports and charts with applicable disclosures on our website at ameriprise.com, or
through your financial advisor, or by submitting a written request to Ameriprise Financial Services, Inc., 719 Griswold Street, Detroit, MI,
48226.
Except for the historical information contained herein, certain matters in this report are forward-looking statements or projections that are
dependent upon certain risks and uncertainties, including but not limited to, such factors and considerations as general market volatility, global
economic and geopolitical impacts, fiscal and monetary policy, liquidity, the level of interest rates, and historical sector performance relationships as they relate to the business and economic cycle.
This summary is based upon financial information and statistical data obtained from sources deemed reliable, but in no way is warranted by
Ameriprise Financial Services, Inc. as to accuracy or completeness. This is not a solicitation by Ameriprise Financial Services, Inc. of any order
to buy or sell securities. This Summary is based exclusively on an analysis of general current market conditions, rather than the suitability of a
specific proposed securities transaction. We will not advise you as to any change in figures or our views. Past performance is no guarantee of
future performance. Ameriprise Financial Services, Inc. may make a market in, provide research for and/or execute transactions as principal for
certain securities mentioned in this Summary. For those securities in which Ameriprise Financial Services, Inc. acts as principal, the firm may
derive revenue from the spread, the difference between the bid and offer prices. For SmartTrade accounts, financial advisors may receive
additional compensation on customer transactions in securities recommended by Ameriprise Financial Services, Inc. or for which Ameriprise Financial Services, Inc. provides research. We, our affiliates and any officer, director, employee, stockholder or any member of their families,
may have a position in, and may from time to time, purchase or sell any of the aforementioned securities. Investments and financial advisory
services and securities products offered through Ameriprise Financial Services, Inc., Member FINRA and SIPC, a subsidiary of Ameriprise
Financial, Inc. Additional information on the securities mentioned is available upon written request.
Standard & Poor’s 500® Index (S&P 500®) is comprised of 500 stocks representing major U.S. industrial sectors. Performance figures are
inclusive of dividends reinvested. S&P 500 is a registered service mark of The McGraw-Hill Companies, Inc. It is not possible to invest directly
in an index. International investing involves increased risk and volatility due to political and economic instability, currency fluctuations, and
differences in financial reporting and accounting standards and oversight. Risks are particularly significant in emerging markets.
Investment products are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks  including possible loss of principal and fluctuation in value. Neither Ameriprise Financial, nor any of its advisors or representatives, provides tax advice.
© 2010 Ameriprise Financial, Inc. All rights reserved.