WELCOME TO WILSEY ASSET MANAGEMENT
At Wilsey Asset Management, our main goal is to provide attractive returns for clients on their investments by using a common sense approach to investing. Brent Wilsey, the President of Wilsey Asset Management, has been in the investment arena for 30 years. Brent uses the old principle of buying low and selling high. This is all based on a fundamental analysis of a company’s financial statements. There is no emotion or hype in investing at Wilsey Asset Management, which is why our motto stands strong "No Emotions, Just Results". All final investment decisions are made by Brent. His money is invested the same as yours with no sales commissions; only an advisory fee based on account value. Financial independence starts with Wilsey Asset Management.
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Daily Economic Update
Monday, July 28th
The pending home sales index was released this morning and it shows a slight decline from last month’s 103.82 this month’s 102.7. There there is a split between the sales of new homes which are week order existing homes still are doing okay. There was a dip in the South however a gain was seen in the Midwest and a small gain for the West.
The Dallas federal manufacturing survey was released this morning in that region shows strong strength in manufacturing the production index which shows the state of manufacturing conditions was very strong increasing to 19.1 from 15.5. This shows that output grew at a faster pace than it did in June. The new orders index was very strong doubling 13 from 6.5. Capacity utilization also showed a lot of strength nearly doubling 18 from 9.2 in June. Not to be left behind the shipments index skyrocketed from 12 points to 22.8 points and it should be noted this is the highest level since January 2013 the labor markets in this region also reflected growth in employment and longer work weeks. The survey also revealed that expectations regarding future business conditions remain optimistic for the month of July.
Whatever your goals, we can help you get there
Our commitment to you; our staff consists of experienced professionals with a "hands-on" approach to financial guidance. Not only will you find our team members knowledgeable, but you will also discover that our staff truly cares about making your dreams a reality. As your Financial Professionals, we will do everything in our power to keep you focused on where you want to go, advise you on how to get there, and continually remind you of the importance of maintaining a disciplined approach to realizing your dreams.