Horsham, PA (October 2, 2019) – The Sharp Financial Group (“Sharp”), an integrated financial management firm providing unified business advisory, accounting, tax and wealth management, announced that under the leadership of its Chief Investment Officer, Alain Van Loo, the first event in the 2019-2020 campaign of Money Marketeers of New York University (NYU) was a resounding success. Alain was recently named President of the 2019-2020 term for, a 501(c)(3) charity.
On September 24, at The Down Town Association in New York City, distinguished speaker James Grant presented to a packed audience of financial industry professionals. Mr. Grant began his presentation by giving a history lesson on interest rates going back to ancient times through the last few hundred years. He pointed out that interest rates are at all-time lows which should cause significant concern, especially in light of policies (such as quantitative easing) that central banks have implemented over the last decade. Mr. Grant warned that the global economy could find itself in a difficult situation and concluded that valuations should be closely monitored as the real value of money is up for discussion.
Mr. Grant was born in 1946, the same year interest rates put in their mid-20th century lows. Following a stint at Barron's, he founded Grant’s Interest Rate Observer, a twice-monthly journal of the financial markets, in 1983, two years after interest rates recorded their modern-day highs. Mr. Grant is a 2013 inductee into the Fixed Income Analysts Society Hall of Fame, a member of the Council on Foreign Relations, and a trustee of the New-York Historical Society.
"Now more than ever, having a principled voice to provide context and guidance on where our market may be going and the state of modern monetary policy is of utmost importance," explained Alain. "On behalf of leadership, members and other attendees, I would like to express my gratitude to Mr. Grant for presenting to us and sharing his wisdom. Having direct access and interaction with Mr. Grant at the event is what makes Money Marketeers so special. We look forward to hosting our next event in November!"
The Money Marketeers of NYU is a forum for engaging, meaningful and substantive dialogue with U.S. policymakers, senior Federal Reserve officials, and other distinguished speakers whose words and actions have the potential to influence the global financial markets.
Since 1946, Money Marketeers has counted among its membership distinguished financial industry professionals whose common goal is to foster greater understanding of finance and economics among senior practitioners and developing professionals and to establish greater dialogue between the public and private sector on those substantive issues that move markets. In its quest to provide greater educational opportunities to aspiring financial professionals, Money Marketeers provides scholarships to deserving NYU Stern School of Business students.
On November 7, 2019, Money Marketeers of NYU will welcome Raphael Bostic, President and Chief Executive Officer of the Federal Reserve Bank of Atlanta, as a distinguished speaker for its next event. For more information, please visit: https://moneymarketeers.org/upcoming-events.
About The Sharp Financial Group
The Sharp Financial Group (“Sharp”) is an integrated financial management firm that has unified business advisory, accounting and tax, wealth management, family office, and capital solutions services in a way that helps business owners and their families achieve extraordinary things. By recognizing the complex needs of entrepreneurs and business owners, Sharp has built a reputation for providing a holistic combination of highly effective services for clients throughout the mid-Atlantic region and beyond. Founded in 1993, Sharp is headquartered in the Philadelphia area, with offices in New York City and New Jersey. For more information, contact The Sharp Financial Group at (215) 659-2130 or visit www.SharpLLC.com.
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