This session will broadly cover the U.S. economy and global markets, including the huge rise in the stock market. We will discuss the impact the
Federal Reserve’s actions have had on short-term interest rates and the potential outlook for rate moves in 2020. Current investment options for
Pennsylvania public investors will also be covered.
- U.S. economy and global markets, the impact of the Federal Reserve's actions, short-term interest rates
Registration/Lunch - 11:45 am
Presentation - 12:30 pm to 2:30 pm
- Michael VaranoManaging Director/PFM Asset Management LLCMichael Varano is a Managing Director of PFM Asset Management LLC and has been Senior Portfolio Manager for PLGIT since 1985. He is a member of PFM’s Investment Committee and Credit Committee as well as the firm’s Employee Advisory Committee. At PFM, Michael leads a team of portfolio managers, traders and research staff responsible for the management of more than $30 billion in money market funds for public agencies in 13 separate state programs. Additionally, he manages, develops strategies, and determines asset allocation for the investment of over $4 billion of assets in individual portfolios for school districts, cities, counties, state and local government agencies and self-insurance organizations. These assets include operating and surplus funds, bond proceeds, and self-insurance reserves. Michael holds a Bachelor's Degree in Accounting - Business Administration from Bloomsburg University.
Chester County Chester County Government Services Center 601 Westtown Road, Suite 171 West Chester, PA 19380(610) 344-6000