The New Normal? Assessing the Health of the Global Economy

Description: In recent months, global financial markets have been churning. The Shanghai Composite fell over 30% from June to July 2015, which called investors’ attention worldwide to more insidious macro issues in the Chinese economy. With share prices falling, slashed interest rates, and declining growth, the recent turbulence in the future of the China’s economy has come into question. Meanwhile, in Japan, Prime Minister Shinzo Abe’s strategy to spur economic growth has stalled, as Standard & Poor’s downgraded its rating of Japanese government debt. In Europe, the Greek-government debt crisis has threatened to destabilize the Eurozone, contributing to a debt burden and economic collapse similar in severity to the Great Depression in the United States. This all comes as the US Federal Reserve chose not to raise interest rates, only adding to growing uncertainty and market volatility. This session will explore questions surrounding the recent turbulence of financial markets and the future of the global economy. Speakers: Andy Serwer Editor-in-Chief, Yahoo Finance John S. Koudounis President & CEO, Mizuho Securities USA, Inc. Learn More: http://www.concordia.net/the-summit-2015