Charlotte, NC, August 24, 2013 --(PR.com
)-- Deems May of Solamere Advisors hosts a discussion among financial experts in June. Panelists Joseph Becker, Sr. Product Strategist for Invesco PowerShares Capital Management, John Tousley, Managing Director & Sr. Strategist for Goldman Sachs Asset Management and Stephen Wilson, Managing Partner and Chief Investment Officer for Solamere Advisors in Charlotte, NC filled the room with a captivated audience at Quail Hollow Club. The panel discussion centered around today’s markets and how to manage the risks.
The panelists were all fairly optimistic about the outlook for the economy and the equity markets, though Wilson of Solamere Advisors indicated that investors should exercise caution with their bond portfolios. “We may be at the tail end of a thirty year bull market in bonds which has created an unfavorable risk-reward scenario,” stated Wilson. Tousley of Goldman Sachs was the most bullish of the three panelists as he emphasized his view that the positive momentum in the housing market coupled with the improvement in the unemployment data, and the resurgence of domestic energy production will continue to drive economic improvement. Tousley also added that “a backslide into another recession is not anticipated.” Becker from Invesco added to the discussion by suggesting that “a small increase in interest rates may be a sign that the outlook for economic growth is improving.” Although also optimistic about the economy and equity markets, Wilson urged the crowd to “remain cautious” and “stay balanced” in their outlook and “remain disciplined about risk management” with their investment portfolios. Solamere Advisors Managing Partner Craig Cmiel facilitated the panel and kept the discussion lively, interesting, and entertaining.
An intimate group of approximately 70 attended the event hosted by Solamere Advisors at the highly regarded Quail Hollow Club. “I am pleased that we were able to bring experts in to discuss the current economy & market environment with our clients and others in the community,” states Deems May.
About Solamere Advisors:
With a combined 140 years in the business, Solamere Advisors was formed in 2009 with the vision to create a unique client-centered business model, enabling access to high quality financial planning, fiduciary, and investment management expertise on staff to best serve our clients’ ever-changing lives. As fee-only registered investment advisors, we act as fiduciaries on our clients’ behalf. Our unbiased, conflict-free advice, commitment to transparency, and our independent investment platform serve clients well, and help us build strong relationships based on trust.
Wendy Whitehurst, Custom Marketing Solutions, Inc.
Craig Cmiel, Managing Partner/COO