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; an advisory fee-only based on account value. Financial independence starts with Wilsey Asset Management.
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.
Daily Economic Update
October 17th, 2014
Housing starts came in higher than expected today coming in at an annual rate of 1.017 million units up from last months 0.956 million annual units. Housing starts in September climb 6.3% after the 12.8% drop in August. Another good sign was building permits also increased 1.5% in September after a 5.1% drop in August.
Consumer sentiment was also released this morning and help compelled the stock market higher coming in at 86.4 far surpassing the estimate of 84.4 and the prior month of 84.6. The expectation component rose three points and optimism In jobs and income prospects still held steady.
The federal reserve doves could now become concerned because the affect of low gas prices will reduce inflation and perhaps cause deflation. What I hope they will realize is that the decline in gas prices is not a long-term trend but I short-term decline in the fluctuation of oil prices.