Investing and Global Finance News

Category Archives: Who Said It

Next Step for The Economy

There have been a lot of ups and downs economically, psychologically and physically as we witness and participate in the evolving of the coronavirus pandemic.  Here, we take a look at what some people are saying.

Founder and CEO of LaSalle, Tom Gimbel said:

“This economy isn’t coming back. It is back. [The first signs of the economic blastoff showed up in March’s better-than-expected increase of 916,000 jobs.] I tell you this is the most optimistic job market I’ve ever seen. The only thing that causes it not to be great is Covid.”

CEO of JPMorgan, Jamie Dibon said:

“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom. This boom could easily run into 2023 because all the spending could extend well into 2023.”

Senior Economist with Aberdeen Standard Investments, James McCann said:

“The recovery so far has been pretty impressive, actually.  There’s obviously a good ways to go yet. In those parts of the economy that are still suffering from Covid distortions, we’re still seeing activity depressed. We’re increasingly very optimistic about the ability of the economy to recover quite robustly from here,”

Chief Financial Economist at Jefferies Aneta Markowska commented:

“We’re going to increase significantly from here. The momentum is good and it will get even better as you move into the spring months.”

And Manhattan Institute Senior Fellow Brian Riedl said:

“In the short-term, the economy is heading into its potential growth rate. Any additional stimulus will likely lead to inflation rather than long-term growth.”

Economic Experts Weigh In

There are many different opinions and predictions vis-à-vis the pandemic-based economic recovery.  Here, we take a look at a few of them: Ed Yardeni of Yardeni Research said: “The V-shaped recovery in real GDP will remain V-shaped during the first half of this year and probably through the end of the year. However, it will… Continue Reading

Coronavirus-Business Quotes

What has society learned from COVID-19 in the business world? From the negative standpoint, unfortunately a lot with an insurmountable number of job losses leading to fiscal damage not seen in this generation.  A recent study entitled ‘KFF Health Tracking Poll: Economic Hardship, Health Coverage and the ACA’ pointed out: “The economic impact of the… Continue Reading

Crisis as Opportunity for Female Leadership

Crisis as Opportunity for Female Leadership

The coronavirus pandemic is generating thousands of opportunities for women to showcase their strengths and step into leadership positions. The economies disrupted by COVID-19 will eventually need to be realigned. Businesses around the world will be redefining their operational models and reassessing their business strategies. European Central Bank President, Christine Lagarde, argues that the male… Continue Reading

Jayme Albin Helps You Plan a Gradual Return to Normal for Kids

Jayme Albin Helps You Plan a Gradual Return to Normal for Kids

New York and many other states have lifted the strict lockdown restrictions. After spending months “trapped” indoors, many families are trying to figure out how to transition out of quarantine and resume a new normal in the shadows of the coronavirus. Author, psychologist, and therapist, Dr. Jayme Albin, offers advice on helping kids face these… Continue Reading

SA Hedge Funds: New Laws

South Africa’s hedge funds will soon be subject to new rules in an effort to help assets under management that have been encountering a dive for too long.  In January 2020, there will be new categories for funds as well as definition of where the funds are.  These two initiatives will help local investors make… Continue Reading

New Technology = New International Business Opportunities

In today’s world, the old saying “money talks” is truer than ever. But sometimes it really isn’t that easy to understand. International business opportunities have long been hindered by language barriers. When people and platforms struggle to communicate, it is no surprise that they can’t do business with each other. Thankfully, this problem is being… Continue Reading

Women: Quotes on Investments

Carrie Schwab-Pomerantz, board chair and president of Charles Schwab Foundation, senior vice president of Charles Schwab & Co., and board chair of Schwab Charitable said: “For women, financial independence is a matter of necessity. [She has] “long been a champion of women taking control of their finances as a means of being individually strong, as… Continue Reading

Investing Tips

Before starting any project it’s often worth checking in with the experts.  People who have already done the background work; have had successes and failures; know what works and doesn’t work and are now efficiently engaged in the project upon which you are about to embark. Here we look at quotes from people in the investment world:… Continue Reading