Wiley Angell | Source | Chief Market Strategist at Ziegler Capital
Wiley Angell
Wiley is the Chief Market Strategist at Ziegler Capital, a premier asset management firm employing repeatable processes providing tailored investment solutions. Wiley chairs the firm’s Economic Strategy Team and serves as spokesperson for the firm regarding the economy, stock and bond market outlook, and product-specific strategic allocations. He has been featured on TDAmeritrade Network and various publications including the Wall Street Journal and Bloomberg. Prior to joining the firm in 2015, Wiley was Chief Executive Officer and Chief Investment Officer – Equities and Fixed Income for Fiduciary Asset Management (“FAMCO”) since the firm’s inception in 1994. Prior to that, he served as Portfolio Manager for General Dynamics. He was previously Treasurer of Franklin Savings Association where he managed a multi-billion-dollar mortgage portfolio and was responsible for the firm’s hedging strategies and balance sheet risk control. He has managed institutional portfolios for over 35 years, specializing in equity, hedged equity, fixed income, and liability driven investing.
-
Ziegler Capital
Chief Market Strategist
-
Alphabet, Microsoft Lead Bear-Market Earnings Season
Alphabet, Microsoft Lead Bear-Market Earnings Season
Article
-
The big question mark is, what impact will Microsoft see from the economy slowing and PC weakness? However, given the overall stability of the revenue and the stock’s valuation, I think this is a good time to be evaluating it. Apple certainly doesn’t look like it is being priced for a recession, and the multiple could be challenged in the short term, given what we’re hearing about softness in the market. However, the stability of earnings should continue to result in stability in the stock, while providing a higher floor for the multiple.
