Market Minute: The Latest on the Markets and Economy
investing-my-money | Read Time: 1 minutes
By Andrew N. Davis, CFA® | Published: September 21, 2022
The markets and the economy are ever-changing, making it hard to keep up sometimes. Let WSFS help you make sense of it all. Tune in to our Market Minute update from Andrew N. Davis, CFA®, Director of Research at West Capital Management, a subsidiary of WSFS Financial Corporation.
About Andrew N. Davis, CFA®
Andrew N. Davis, CFA® is a Director of Research on West Capital Management’s Research Team and also serves on West Capital Management’s Investment Committee. Andrew is responsible for due diligence on managers/strategies, portfolio construction and portfolio implementation. Andrew earned his Bachelor of Arts in Economics from Michigan State University, and his Master of Arts in Applied Economics and Graduate Certificate in Financial Management from Johns Hopkins University. Andrew has earned the Chartered Financial Analyst (CFA®) designation. He can be reached via email at ADavis@westcapital.com.
This communication is provided by WSFS Capital Management, LLC d/b/a West Capital Management, LLC (“WCM” or the “Firm”) for informational purposes only. WCM is a wholly-owned subsidiary of WSFS Financial Corporation. WSFS Wealth is a marketing name that applies to WCM, as well as other affiliated Wealth subsidiaries of WSFS Financial Corporation.
Investing involves the risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results and may have been impacted by events and economic conditions that will not prevail in the future. No portion of this commentary is to be construed as a solicitation to buy or sell a security or the provision of personalized investment, tax or legal advice. Certain information contained in this report is derived from sources that WCM believes to be reliable; however, the Firm does not guarantee the accuracy or timeliness of such information and assumes no liability for any resulting damages. Any reference to a market index is included for illustrative purposes only, as it is not possible to directly invest in an index. Indices are unmanaged, hypothetical vehicles that serve as market indicators and do not account for the deduction of management fees or transaction costs generally associated with investment products, which otherwise have the effect of reducing the performance of an actual investment portfolio.
WCM is an SEC registered investment adviser that maintains a principal place of business in the Commonwealth of Pennsylvania. The Firm may only transact business in those states in which it is notice filed or qualifies for a corresponding exemption from registration requirements. For information about WCM’s registration status and business operations, please consult the Firm’s Form ADV disclosure documents, the most recent versions of which are available on the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov.
After years of rock-bottom interest rates, a shift in monetary policy by the Federal Reserve (Fed) to combat stubbornly high inflation has contributed to much higher yields across short-term investment vehicles.Read More
Nonprofits are facing new challenges in the current financial environment. Between market volatility, inflationary pressure, the unpredictable behavior of donors and the general financial anxiety of board members who are concerned with keeping the organization on track to meet a year-end budget, there’s a lot to worry about–but there are also opportunities to rely on best practices to position organizations well for the future.Read More
Since the start of the pandemic, our lives have changed in a variety of ways, from increases in telemedicine and working from home to virtually learning. The new normal has become, well, normal.Read More