Texas Presbyterian Foundation

Mid-Year Market Spotlight: What Does the Future Hold?

By The Rev. Dr. Rick Young, TPF’s President

We’re making history! Did you know that the last half of July saw a historic number of days of positive returns on the New York Stock Exchange? In fact, this is the most we have experienced since 1987.

Can it continue? And what is coming for the second half of the year?

Truly, no one knows for sure. Because our crystal ball has gone missing, and our Magic 8 Ball has no magic, we must rely on our deep experience, proven investment philosophies, and expert partners from Segal Marco Advisors as we look towards the future. I am thrilled to say that Segal Marco Advisors has one of the largest Research teams in the country, and they collaborate with us to evaluate and choose investment managers. Together we monitor these managers to ensure they not only maintain their corporate structure, but also remain true to their stated investment mandate.

But the best news? We’ve talked about all this and more. Designed to be a lively educational conversation, this event featured John Furlow, TPF’s Executive Vice President, J. Keith Reynolds, Vice President and Senior Consultant with Segal Marco Advisors, and Benjamin A. Hall, Vice President, and Advisor’s Alpha Investment Research with Segal Marco Advisors. Mr. Reynolds has 20 years of experience in the investment industry, and Mr. Hall has 14 years of experience in the field of research and forecasting. Together, this trio hosted a live Web event focused on what’s happening now in our markets along with what we need to be focused on as we look deeper into 2023.

We are also aware of the many, many new technological developments and world events that could impact your investments. It is important to me that we talk about developments too. Specifically in this webinar, our team of experts discussed how the rise of Artificial Intelligence (AI) could impact investing. The world of AI has seen an unprecedented surge of interest in the past couple of years, and we think it is time to make it part of the conversation.

Are you intrigued? Then I would like to invite you to check out this fascinating and informative webinar. Simply CLICK HERE to register for and watch this Web event.