Bright Spots And Stormy Skies: The Economic Outlook In This Unique Business Cycle – FS Investments – 6.1.23

Summary:

Now On Demand

Policy uncertainty, elevated inflation, and volatile markets require a different approach. Join Lara Rhame, Chief U.S. Economist and Bill Wolfe, Head of IBD & Hybrid RIA National Sales at FS Investments, as they take a look at how the asset management industry is navigating an unprecedented environment and finding areas for opportunity. Through their presentation, they will share their key thoughts for 2023 and discuss pressing questions:

• Is the Fed done hiking rates?
• How do the debt ceiling negotiations impact markets and the economy?
• Are we entering a recession?

Accepted for 1 CFP^® / IWI / CFA CE Credit

Speakers:

Bill Wolfe serves as Head of Independent Broker Dealers & Hybrid RIA National Sales. Mr. Wolfe’s previous role was Divisional Sales Manager for the Northeast region, where he was responsible for the overall sales efforts for the Eastern region of the U.S. He recruited and managed the region’s external wholesaling team and coordinated efforts with the business development, national accounts, product and operational teams at FS Investments. He brings with him over 25 years of wholesale distribution experience.

Prior to joining the firm, Mr. Wolfe served as Senior Vice President and National Sales Manager at Planco/Hartford for 19 years. He was responsible for the distribution of mutual funds and annuities.

Mr. Wolfe is a graduate of Temple University in Philadelphia where he earned a BA in Finance and Marketing.

Lara Rhame is a Managing Director in the Investment Research group and serves as Chief U.S. Economist at FS Investments, where she focuses on macroeconomic financial market analysis to inform and develop the company’s long-term views on the economy, investment trends and issues facing investors.

Prior to joining the firm, Ms. Rhame served as a Senior Economist at Credit Suisse, where she met with institutional and private clients around the globe to discuss market events and the global economy. She began her career at the Federal Reserve Bank of New York and has since worked at other Wall Street institutions, including Brown Brothers Harriman and Lehman Brothers. Her analysis has garnered attention across financial and economic news outlets, including Bloomberg News, The Wall Street Journal, CNBC and CNN.

Ms. Rhame holds a BA in Economics from Bates College and performed post-graduate macroeconomic studies at New York University. She has guest lectured at Columbia University, New York University and Long Island University.

Ms. Rhame serves on the boards of the Economy League of Greater Philadelphia, Hyperion Bank and Starr Garden Park, and is a former President of the Forecasters Club of New York. She is a member of the Forum of Executive Women and in 2018 received the Philadelphia Business Journal’s Women of Distinction Award and Money Management Executive’s Top Women in Asset Management Award.