In-town Guest Series

The Outlook for Asset Prices and the Business Cycle

研討會 滿座

概要

The global business cycle, or the US business cycle, is by far the most important determinant of the performance of asset prices such as equities or real estate. The year 2018 has also been notable for the failure of these asset prices to continue the steady gains they made in the years 2009 - 2017. What has changed, and can we expect the normal relationship between the business cycle and asset prices to be restored in 2019?

  • The normalisation of interest rates, central bank balance sheet shrinkage and their impact
  • Mr Trump’s trade war and its impact on stock market performance
  • Why have Japan, the Euro-area and the UK lost momentum?
  • Can China overcome the triple whammy from deleveraging, trade war and currency weakness?

Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses / seminars / conferences under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

Eligible in-service practitioners of the financial services industry could apply for reimbursement of 80% of the course fees, subject to a maximum of HK$7,000 (whichever is lower) upon satisfactory completion of a course / seminar / conference over the three-year period of the Scheme.

Each individual may apply for reimbursement for more than one course / seminar / conference.

Application to reimburse the course fees, together with the required documents, must be submitted within four months from the last day of the course / seminar / conference attended. Please refer to the WAM Pilot Programme website for more details.

導師/講者

John GREENWOOD
Dr John Greenwood is the Chief Economist of Invesco Ltd. with responsibility for providing economic analysis and forecasts to Invesco portfolio managers and clients. He started his career in 1970 as a visiting research fellow at the Bank of Japan. In 1974 he joined GT Management as Chief Economist. The firm was acquired by Invesco in 1998. As editor of Asian Monetary Monitor in 1983, he proposed a currency board scheme for stabilising the Hong Kong dollar. He was a director of the Hong Kong Futures Exchange Clearing Corporation for four years until 1991, and in 1992 became a council member of the Stock Exchange of Hong Kong, a position he held for twelve months. In that same year, he was an economic adviser to the Hong Kong Government. He has been a member of the Committee on Currency Board Operations of the Hong Kong Monetary Authority since 1998. He is also a member of the Shadow Monetary Policy Committee in England, and he serves on the board of the Hong Kong Association in London.

詳情

活動編號
ESITG18103001
日期及時間
2018年10月30日, 星期二 (12:20下午 - 1:20下午)
地點
香港證券及投資學會培訓中心
標籤
新, 研討會, 滿座
語言
英文
課程時數
SFC:1.00, PWMA:1.00