QE Postmortem (Ended)
As we approach the 10th Anniversary of The Great Recession of 2008 it is worth analyzing the extraordinary response from the Federal Reserve and other central banks, in the form of the most protracted period of monetary accommodation in history. This central bank policy may or may not have distorted security prices and asset markets, and has clearly had an effect on the global economy. However, are all of these effects positive and are there any long-term negative effects from them?
- Analyze the central bank response to the GFC
- Discuss the pros and cons and lasting effects of these policies
- Understand if these policies effect or should effect the way fundamental analysts value securities
- Determine if there are any long-lasting changes to fundamental analysis as a result of these actions
Dr. Dejanir Silva - Professor of Finance at University of Illinois, Urbana-Champaign
Roberto Perli - Head of Global Monetary Policy Research, Cornerstone Macro
Nomi Prins - Renowned Journalist, Former International Investment Banker, Speaker, and Best-Selling Author of Collusion-How Central Bankers Rigged the World
Brett Ryan - Senior Economist, Deutsche Bank
Purchase your copy of Collusion-How Central Bankers Rigged the World at the event and get is signed by Nomi Prins!
Members - $45 or FREE with Function Ticket
Student Members - $10
Nonmembers - $65
(member pricing underwritten by CFA Society Chicago)
*Limited sponsorships available, contact Kim Augustyn at firstname.lastname@example.org
CFA Institute Qualified Activity: Eligible for 1.5 credit hours
Attire: Business Casual
Menu: Refreshments and Hors d'oeuvres
4:00 pm - 4:30 pm: Registration & Networking
4:30 pm - 6:00 pm: Opening Remarks, Panel Discussion and Q&A
Hosted by: Education Advisory Group
Brett Ryan is a senior economist at Deutsche Bank covering both the US and Canada. Ryan is responsible for high-frequency data forecasting and frequently publishes research on US and Canadian macro-economic policy issues. Ryan has a Bachelor of Arts degree from the University of Pennsylvania; majoring in politics, philosophy and economics.
Roberto Perli heads global monetary policy research for Cornerstone Macro in Washington, D.C. Perli’s experience crafting and implementing monetary policy within the U.S. Federal Reserve system lends him unique insight into an extremely important force in today’s markets. Prior to co-founding Cornerstone Macro, Perli was a senior managing director and analyst on ISI’s Policy Research Team in Washington, D.C.
Before joining ISI in 2010, Perli was an officer and senior staff member at the Federal Reserve Board in Washington, D.C. In that capacity, he assisted the Board and the FOMC in the formulation of monetary policy, drafted FOMC statements, wrote speeches and testimonies for Chairman Bernanke and other Governors, and led one of the Board groups that designed and implemented the Federal Reserve’s response to the financial crisis. Before joining the Fed, Perli started his career as an assistant professor of economics at the University of Pennsylvania from 1995 to 2001.
Perli (with Andy Laperriere) has been voted the #1 Washington Research analyst for seven of the past eight years in the Institutional Investor magazine’s All-American Research survey. Perli graduated from the University of Venice, Italy in 1990 with majors in economics and mathematics and received his PhD in economics from New York University in 1995.
Nomi Prins is a renowned journalist, former international investment banker, author and speaker. Her new book, Collusion: How Central Bankers Rigged the World, explores the recent rise of the role of central banks in the global financial and economic hierarchy. Her last book, All the Presidents' Bankers, is a groundbreaking narrative about the relationships of presidents to key bankers over the past century and how they impacted domestic and foreign policy. She is also the author of Other People’s Money: The Corporate Mugging of America (The New Press, 2004) which was chosen as a Best Book of 2004 by The Economist, Barron's and Library Journal. Before becoming a journalist, Prins worked on Wall Street as a managing director at Goldman Sachs, ran the international analytics group as a senior managing director at Bear Stearns in London, and worked as a strategist at Lehman Brothers and analyst at the Chase Manhattan Bank.
Prins has appeared on numerous TV programs and has been featured on hundreds of radio shows globally. She has featured in numerous documentaries shot by international production companies, alongside prominent thought-leaders. Her writing has been featured in The New York Times, Forbes, Fortune, and various other publications.
She was a member of Senator (and presidential contender) Bernie Sanders (I-VT) Federal Reserve Reform Advisory Council, and is listed as one of America's TopWonks. She is on the advisory board of the whistle-blowing group ExposeFacts, and a board member of animal welfare and wildlife conservation group, the Elephant Project. Prins received her BS in math from SUNY Purchase, and MS in statistics from New York University, where she completed coursework for a PhD in statistics.
Dr. Dejanir Silvais a professor of finance at the Gies College of Business at the University of Illinois. His research focus on topics at the intersection of macroeconomics and finance, with work on unconventional monetary policy, financial regulation, and entrepreneurial risk-taking. He has previously taught at the Bendheim Center for Finance at Princeton University and he received a Ph.D. in economics from the Massachusetts Institute of Technology.
*Special Notes Regarding Fees:
Regular, Candidate, and Affiliate Members may apply function tickets as payment for Non-member or Student-Member. Credit card required to guarantee ALL reservations except for reservations using Function Tickets. Day-of-event registrations accepted on-site only if applicable and space available. There is a $5 surcharge for walk-ins. Visa, MasterCard, American Express, Discover and Diners Club are accepted. Cancellations accepted until 5:00 pm, September 7th.
This is a "Passport Program." Members of any CFA society may attend at the CFA Society Chicago member rate. If you are only a member of CFA Institute, you do not qualify for the society member rate.
CFA Institute CE Qualified Activity This program qualifies for credit under the guidelines for the CFA Institute Professional Development Program.
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