Fourth Annual Financial Literacy Day: Understanding Global Markets and Finance
Date: Friday, February 14, 2020
Sarasota, FL
$50.00
Register to join GIC, USFSM, and Cumberland Advisors on Friday, February 14, 2020 for our annual conference on understanding global markets and finance.
Presentation Documents
- USFSM Bloomberg Terminal: Eddie Sanchez
- Session I: Jay Bryson
- Session I: John Mousseau
- Session III: Nick Colas & Jessica Rabe
- Session III: Dave Nadig
Presentation Video
Event Detail
Fourth Annual Financial Literacy Day: Understanding Global Markets and Finance
Register to join us on Friday, February 14, 2020 for the Fourth Annual Financial Literacy Day! We are once again delighted to partner with the University of South Florida Sarasota-Manatee College of Business and Cumberland Advisors to bring another year of expert presentation and discussion to Sarasota, including a keynote address from Loretta J. Mester, President and CEO, Federal Reserve Bank of Cleveland.
Continuing Education: Attendees of the Fourth Annual Financial Literacy Day can receive continuing education credit from the Certified Financial Planner Board for 3 credit hours. Please email Colleen at [email protected] for more details.
Agenda
8:00 – 8:30 a.m. | Registration and coffee
8:30 – 8:45 a.m. | Welcoming Remarks
- Karen Holbrook, Regional Chancellor, USF Sarasota-Manatee
- David R. Kotok, CIO, Cumberland Advisors and GIC Board Member
8:45 – 9:00 a.m. | Update on USFSM Financial Education and Bloomberg Terminal
- Eddie Sanchez, Jr., Director, Bloomberg Financial Markets Lab, USF Sarasota-Manatee College of Business
9:00 – 10:15 a.m. | The Bond Market
Examining the categories of debt and the influences on them including budget deficits and larger issues like central bank QE and its impacts on interest rates for this debt
- John Mousseau, President and Chief Executive Officer, and the Director of Fixed Income, Cumberland Advisors on State and local government debt/Munis
- Jay Bryson, Managing Director and Acting Chief Economist, Wells Fargo & Co. on US government debt
- Moderator: William Strauss, Senior Economist and Economic Advisor, Federal Reserve Bank of Chicago
10:15 – 10:30 a.m. | The Danger of Deficits and Debt and What Can be Done About It
Introduced by Kathleen Stephansen, Senior Economist, Haver Analytics and GIC Chair
- Senator Kent Conrad, Former Chairman of the Senate Budget Committee
10:30 a.m. | Break
10:45 a.m. – 11:45 a.m. | Real Time Payments (RTP)
Examining Bitcoin, Libra, Venmo and the new versions of electronic money
- Nick Colas and Jessica Rabe, Co-Founders of DataTrek
- Dave Nadig, CIO & Director of Research, ETF Trends & ETF Database
- Christopher Whalen, Chairman, Whalen Global Advisors LLC
- Moderator: Michael McKee, Political and Economic Correspondent, Bloomberg
11:45 a.m. – 12:30 p.m. | Keynote Speech
Introduced by Michael Drury, Chief Economist, McVean Trading & Investments and GIC Vice Chair of International
- Loretta J. Mester, President of the Federal Reserve Bank of Cleveland
12:30 p.m. | Concluding Remarks
- David R. Kotok, CIO, Cumberland Advisors and GIC Board Member
Event Location
University of South Florida Sarasota-Manatee
Address: Selby Auditorium, 8350 N Tamiami Trail, Sarasota, FL 34243
Click here to view a map of USFSM’s campus.
Speakers
Loretta J. Mester, Ph.D.
President and CEO of the Federal Reserve Bank of ClevelandLoretta J. Mester is president and chief executive officer of the Federal Reserve Bank of Cleveland. In that role, she participates in the formulation of U.S. monetary policy and oversees more than 1,000 employees based at the Bank’s Cleveland office and Branch offices in Cincinnati and Pittsburgh who conduct economic research, supervise banking institutions, promote community development, and provide payment services to depository institutions and the U.S. Treasury. Mester represents the Fourth District on the Federal Open Market Committee (FOMC).
Jay Bryson, Ph.D.
Managing Director and Chief Economist, Wells Fargo’s Corporate and Investment BankJay Bryson is a Managing Director and the Chief Economist for Wells Fargo’s Corporate and Investment Bank, a position he has held since August 2018. In this role, Jay leads the Economics Group, which provides analysis on economic and financial developments in the major economies of the world as well as forecasts of macroeconomic variables in these economies.
Nicholas Colas
Co-Founder, DATATREK ResearchNick is a 30+ year veteran of Wall Street with experience in equity research, money management and investment banking.
Kent Conrad
Senator Kent Conrad, Former Chairman of the Senate Budget CommitteeKent Conrad is a BPC senior fellow and co-chair of its Commission on Retirement Security and Personal Savings, which released its comprehensive recommendations in 2016. As a former senator from North Dakota, he was chairman of the Senate Budget Committee.
Michael Drury
Chief Economist, McVean Trading & InvestmentsMichael Drury is the chief economist for McVean Trading & Investments, LLC. He joined the firm in 1992, after serving for five years as senior economist with Allen Sinai at Shearson Lehman Brothers and its successor firms. Michael began his career in New York in 1982 as senior economist at A. Gary Shilling and Company. He received his B.S. in economics from the Georgia Institute of Technology and did his graduate work at the University of Wisconsin-Madison.
Karen Holbrook, Ph.D.
Regional Chancellor, USF Sarasota-ManateeKaren A. Holbrook, Ph.D., is the Regional Chancellor at USF Sarasota-Manatee, following a year as the Interim President for Embry-Riddle Aeronautical University. Before assuming the position at Embry-Riddle she worked as a higher education consultant and the Senior Advisor to the President at the University of South Florida, where she was, until recently, the Senior Vice President for Research and Innovation then Senior Vice President for Global Affairs and International Research.
David Kotok
Chief Investment Officer of Cumberland AdvisorsDavid Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. David’s articles and financial market commentaries have appeared in the New York Times, the Wall Street Journal, Barron’s, and other publications. He is a frequent contributor to Bloomberg TV and Bloomberg Radio, Yahoo Finance TV, and other media.
Michael McKee
International Economics and Politics Correspondent, Bloomberg Radio/TVMichael McKee is the International Economics and Policy Correspondent for Bloomberg TV and Radio, covering market and political developments, economic trends and central banks in the United States and around the globe.
John Mousseau
President, Chief Executive Officer & Director of Fixed Income, Cumberland AdvisorsJohn Mousseau is currently the President, Chief Executive Officer, and Director of Fixed Income at Cumberland Advisors. In this capacity, John also serves as a portfolio manager and has overall responsibility for portfolio construction, management, analysis, trading, and research for all tax-free and taxable bond accounts. His comments and analyses have appeared in The Bond Buyer, Barron’s, the Wall Street Journal, Bloomberg, Forbes, the Philadelphia Inquirer, and the New York Times.
Dave Nadig
Financial Futurist, VettaFiDave Nadig is the Financial Futurist at VettaFi. He is former Chief Investment Officer and Director of Research of ETF Trends (ETFTrends.com) and ETF Database (ETFdb.com).
Jessica Rabe
Co-Founder, DataTrek ResearchJessica started her career on Wall Street working as a research associate for a NYC brokerage firm when she was 19. She was Vice President of Market Strategy at Convergex Group prior to co-founding DataTrek Research. Jessica wrote economic and market commentary for the Morning Markets Briefing, a daily financial report widely followed by the investment community and media.
Eddie Sanchez, Jr.
Director, Bloomberg Financial Markets Lab, USF Sarasota-Manatee College of BusinessEddie Sanchez, Jr. is a finance professor at the University of Sarasota- Manatee. Currently, he is a Doctoral candidate in the DBA program at the University of Florida.
Kathleen Stephansen
GIC Chair Emerita, Senior Economist for Haver Analytics and Trustee of EQAT Trust FundsKathleen Stephansen is GIC Chair Emerita, Senior Economist for Haver Analytics and Trustee of EQAT Trust Funds. She is the former Chief Economist of Huawei Technologies, Chief Economist of the American International Group (AIG) and AIG Asset Management’s Senior Strategist and Global Head of Sovereign Research. Prior to joining AIG in 2010, Kathleen was Chief Economist at Aladdin Capital Holdings, Credit Suisse’s Head of Global Economic Research, and Donaldson, Lufkin and Jenrette Securities Corporation’s co-head of Fixed Income economic research and Chief International Economist.
Bill Strauss
Senior Economist and Economic Adviser, Federal Reserve Bank of ChicagoWilliam A. Strauss is a senior economist and economic adviser in the economic research department at the Federal Reserve Bank of Chicago, which he joined in 1982. His chief responsibilities include analyzing the current performance of both the Midwest economy and the manufacturing sector for use in monetary policy.
Christopher Whalen
Chairman, Whalen Global Advisors LLCRichard Christopher Whalen is an investment banker and author who lives in New York City. He is Chairman of Whalen Global Advisors LLC and focuses on the financial services, mortgage finance and technology sectors. Christopher is a member of FINRA and is associated with J.V.B. Financial in New York.
Partners
