Weekly Economic Update: Post-Brexit
June 29, 2016The British are leaving! The British are leaving! – Maybe. Friday provided a profound shock for the financial markets as the UK voted to leave the EU in the Brexit referendum. Over the past week, following the assassination of Labour MP Jo Cox, polls had shifted from favoring Leave to favoring Stay – right up until the last polls before voting. Indeed, even UKIP party leader Nigel Farage was indicating Thursday that Stay would scrape out a victory. The unexpectedness of the outcome generated substantial volatility and market angst in part because over optimism had led some to exit protective positions and they were forced to run to cover. What we learn from this is that predicting the future is never easy. Now economists have both weather forecasters and pollsters to joke about.
Income Inequality in the US
June 18, 2015GIC Chairman and Chief Economist of McVean Trading and Investments discusses income inequality in the US.
Notes from Paris – A Tale of Two Cities
October 2, 2014Bill Witherell, GIC member, discusses his impressions from a recent trip to Paris.
Turkey and Islamic State
September 25, 2014GIC Vice Chair of the Central Banking Series David Kotok, of Cumberland Advisors, discusses the Islamic State and Turkey.
Scotland – A Significant Event Risk
September 16, 2014Cumberland Advisors Chief Global Economist Bill Witherell talks about the impact of Scottish independence.
Policy, Uncertainty and a New Book
August 5, 2014GIC Vice Chair David Kotok talks about history, the impact of military conflict and policy.
Tapering Is Now Tightening
July 22, 2014GIC Vice Chair of the Central Banking Series David Kotok, of Cumberland Advisors, explores tapering versus tightening.
China’s Holidays
July 3, 2014GIC Board Member Tim Weckesser discusses how China celebrated its recent national holidays.
The Bottom Line of Disabilities: The Social, Financial and Economic Impact in our Communities
May 29, 2014GIC Vice Chairman of the Central Banking Series David Kotok discusses the upcoming event in Salt Lake City.
A Recap of the 32nd Annual Monetary and Trade Conference
April 24, 2014GIC Chairman Emeritus Bill Dunkelberg writes about the 32nd Annual Monetary and Trade conference.
Markets, Ukraine, Paris
March 6, 2014GIC Vice Chairman of the Central Banking Series, David Kotok, discusses the situation in Ukraine and the energy sector.