Event Detail

Economic Recovery: Bullish or Bearish? (Ended)

Date, Time, and Location:
Tuesday, March 01, 2011 (add this event to your Outlook Calendar)
7:30 am
Hilton Chicago, 720 S Michigan, Chicago, IL  60605   (Driving Directions)


Mark Zandi, Chief Economist - Moody's Analytics, Inc.
David Hale, Chairman - David Hale Global Economics
Niall Booker, Group Managing Director and CEO - HSBC North America Holdings, Inc.

Date, Time, and Location:
Tuesday, March 1, 2011
7:30 a.m. - 9:30 a.m.
Hilton Chicago, 720 S. Michigan Avenue

Program Description:
Despite upbeat forecasts from economists, the road to recovery remains paved with formidable challenges, including stubbornly high unemployment and weak demand for housing. The stabilization of the financial system contributed to economic recovery in late 2009 and early 2010, and there are signs for optimism looking forward. However, the global financial sector remains vulnerable to negative surprises and an emerging pre-crisis pattern of global imbalances threatens the sustainability of recovery internationally. Can the U.S. create jobs at a fast enough pace to temper unemployment? How will conditions in global markets impact prospects for a sustained recovery? What decisions must leaders confront in order to maintain an air of optimism?

Members - $35
Non-Members - $45

Business Casual

Continental Breakfast

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Mark Zandi, David Hale, Niall Booker

Mark Zandi
Chief Economist - Moody's Analytics, Inc.

David Hale
Chairman - David Hale Global Economics

Niall Booker
Group Managing Director and CEO - HSBC North America Holdings, Inc.

Moderated by Michael H. Moskow, Vice Chairman and Senior Fellow on the Global Economy - The Chicago Council on Global Affairs; Former President and Chief Executive Officer - Federal Reserve Bank of Chicago

Presenter Background Information:

Mark Zandi is chief economist of Moody's Analytics, where he directs research and consulting. Moody's Analytics, a subsidiary of Moody's Corporation, is a leading provider of economic research, data and analytical tools. Zandi's research interests include macroeconomics, financial markets and public policy. His recent research has focused on the determinants of mortgage foreclosure and personal bankruptcy, analyzed the economic impact of various tax and government spending policies, and assessed the appropriate policy response to bubbles in asset markets.

David Hale is a Chicago-based global economist whose clients include asset management companies in North America, Europe, Asia, and Africa. He is the founding chairman of David Hale Global Economics. Hale serves as the Global Economic Advisor to the Commonwealth Bank of Australia. He formerly worked as chief economist for Kemper Financial Services from 1977 to 1995 and Zurich Financial Services, which he joined as chief economist when it purchased Kemper in 1995.

Niall Booker is a Group Managing Director of HSBC Holdings plc and the Chief Executive Officer HSBC North America Holdings Inc., one of the world's largest banking and financial services organizations. Formerly, Booker was CEO of HSBC Finance Corporation and Deputy CEO of HSBC North America Holdings Inc. Other leadership positions within HSBC have included Deputy Chairman and CEO of HSBC Bank Middle East Ltd, Group General Manager and CEO India, Deputy CEO India and CEO International Private Banking, Americas.

7:30 a.m. - Registration and Continental Breakfast
8:00 a.m. - Remarks and Q & A
9:30 a.m. - Adjournment

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