Sean Kemery is an experienced commodities and currency portfolio manager.
Sean Kemery has noted that according to the World Bank, the conflict is causing upsurges in the prices of energy and non-energy commodities. Perhaps most notable to American consumers is the higher price of gasoline, breaking the $100-a-barrel barrier in Brent crude oil. As in the shortages of 1973, restrictions on trade, such as economic sanctions imposed on Russia, have reduced access to petroleum for Europe and America. Prices of oil, coal, and natural gas are expected to remain higher than the five-year average through 2024. Problems in the energy sector affect non-energy commodities such as food. Since natural gas is involved in manufacturing fertilizer, its rising costs have hurt farmers and forced them to raise prices. This trend has a ripple effect on agricultural economies that create jobs, especially for people with low incomes. The World Bank has recommended that national governments respond by reducing energy consumption and increasing efficiency. Assistance for people in poverty should be enhanced by public works projects and feeding more school-age children.
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Having graduated magna cum laude with a bachelor of arts in economics from Skidmore College, Sean Kemery is a financial advisor and former commodity portfolio manager based out of Texas. In addition to his professional endeavors, Sean Kemery supports the Joe Torre Safe at Home Foundation.
Launched by the legendary Major League Baseball (MLB) manager and his wife Ali, the Joe Torre Safe at Home Foundation provides empowering and educational programming to students impacted by domestic violence and other forms of trauma. The nonprofit maintains operations in New York City, Cincinnati, and Los Angeles. In March 2021, Safe at Home announced a dramatic expansion of its presence in Los Angeles. Expansion efforts began in 2020, at which point Safe at Home had three locations in Los Angeles and reached around 5,000 students each year. It is now active in six schools, including Centennial High School (Compton Unified School District) and Santa Monica High School (Santa Monica-Malibu Unified School District). Safe at Home now reaches more than 13,000 students in Los Angeles County. In addition to expanding the reach of its flagship program, Margaret's Place, the nonprofit intends on bringing its alumni program to California schools. An accomplished New York-based commodity portfolio manager with nearly two decades of experience, Sean Kemery started his career as a trader on the floor of the NYBOT (Now ICE) and rose to working at Deutsche Bank as a senior trader from 2010 until 2016. He currently serves as a wealth manager, where he assists individuals with their financial objectives. Sean Kemery is also active in philanthropy and supports organizations such as Joe Torre’s Safe at Home Foundation.
In February 2021, Joe Torre Safe at Home partnered with the New York State Office of Domestic Violence (OPDV) to assist teenagers who are victims of teen dating violence. New York has built a strong reputation around gender advocacy. The state has made significant moves in recent years for advancing gender rights. The above partnership allows OPDV to access Joe Torre Safe at Home Foundation's violence prevention and intervention services. These resources are crucial for OPDV's approach, including reaching out to teenagers who are showing signs of relationship abuse. In addition, OPDV provides teenagers with the support they need via advocacy and private educational forums. Sean Kemery was a New York-based financial professional with a background in commodity, currency and derivative markets. As a wealth manager, Sean Kemery works closely with clients and employs financial strategies to help them build and protect their investment portfolio. He is also knowledgeable in portfolio management and diversification.
To manage investment related risk, it is important to diversify an investment portfolio across various asset classes. Two major asset classes are equity and fixed income. Creating a portfolio of diverse asset classes is not sufficient for avoiding investment risk. The investor or portfolio manager also must choose assets in a strategic manner. For instance, choosing two different asset classes that originate from one company may not contribute to the goal of asset class diversity. The reason is that both assets may follow the same financial trends. An example is a case of an investor who has owned a company's stock for 10 years. Over that time period, the investor also purchases bonds from the same company. These two purchases result in a case where both equity and fixed income assets are linked to a single company. This is not a prudent diversification strategy. If the company has financial difficulties, then the stocks and bonds that were purchased will depreciate, and the investor will incur a loss. A New York resident, Sean Kemery graduated from Skidmore College summa cum laude and holds a bachelor of arts in economics with a minor in finance. Sean Kemery was a portfolio manager at Deutsche Bank and is experienced and familiar with commodity and currency markets.
Commodities are physical substances such as gold, silver, oil, or agricultural products, and commodity trading can be practiced in many ways. Traders can buy and sell futures contracts of the commodities, the physical or raw materials that are used in production chains, or physical goods such as gold or silver. In commodity trading, traders look to predict future price changes of the commodities and purchase commodities when their prices are lower in order to sell them when the prices increase. The prices of commodities can be changed by economic trends and a trader needs to have extensive knowledge in commodities and trends to earn profits from it. The price of commodities can also be shifted by natural disasters which result in a reduced supply. Unlike bond or stock trading, commodities do not provide a passive income as they do not provide dividends. A trader therefore needs to be completely accurate in a prediction if they want to earn profit from commodity trading. |
AuthorAs a director and senior trader at Deutsche Bank AG in New York, Sean Kemery handles commodities trading and indexes. Archives
May 2020
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