Bruce Sturman Managing Director

FOR IMMEDIATE RELEASE
Manhattan, New York, United States of America (Free-Press-Release.com) January 26, 2011 -- According to Bruce Sturman investors pulled back from the automotive and energy sectors and increased their real estate allocations. Almost two-thirds of investors said commercial real estate defaults have yet to peak, suggesting the peak in the second half of 2011.

A handful of the biggest banks jolted market watchers by clawing back some loss reserves. Reserving has been wrought with confusion and controversy since the start of the recession, as investors and regulators worried that the country’s top banks would go under without adequate capital to cover losses as the mortgage market collapsed. The issue of reserves remains divisive now that it looks as if they are plateauing and poised to shrink industry-wide. Wall Street welcomed news that banks with big reserves were comfortable enough with their loss projections to start releasing some. Skeptics, meanwhile, questioned the wisdom of doing so this early in the recovery.