Released in the second half of 2016, Mr. Sargen's new book, Global Shocks: An Investment Guide for Turbulent Markets, presents a framework for understanding the behavior of financial markets during crisis situations. The first half considers five case studies of currency crises during the inflationary 1970s and 1980s, while the second half examines asset bubbles that proliferated thereafter in an environment of low interest rates and easy credit.
Prior to joining Fort Washington in June, 2003, Mr. Sargen's experience encompassed many years as an international economist and global money manager. He previously served as Managing Director for J.P. Morgan Chase in New York, where he was Chief Investment Strategist for J.P. Morgan Private Bank. He has also served as Managing Director for Prudential Insurance Company, where he was Chief Investment Officer for Global Fixed Income Advisors. Previously, he was Director, Bond Market Research, for Salomon Brothers. His experience includes positions with Morgan Guaranty Trust, the Federal Reserve Bank of San Francisco, and the U.S. Department of Treasury.
Mr. Sargen was born and raised in the San Francisco Bay area, where he earned a Ph.D. and a M.A. in Economics from Stanford University; he received an undergraduate degree in Economics at the University of California – Berkeley. He appeared frequently on business television programs throughout his career on Wall Street and was a regular panelist on Louis Rukeyser's Wall Street Week. He is also an adjunct professor at the University of Virginia's Darden School of Business.