For two decades now, the Asian Investment Conference (AIC), the region's largest and most exclusive investment conference, has delivered unrivalled access to expert speakers from around the world and provided thought-provoking insights. And this year was no different. Over 3,000 attendees joined an impressive line-up of political leaders, entrepreneurs,...
Read More »Sri Lanka’s Finance Minister: “We Are Back in Business”
With 6 percent GDP growth forecast for this year, up from 4.8 percent in 2015, “Sri Lanka is on the move,” the country’s Finance Minister, Ravi Karunanayake, said in a keynote address at the Credit Suisse 2016 Asian Investment Conference (AIC). Since a new president and prime minister took office at the beginning of 2015, the government has worked to get the country back onto a path of strong economic growth, Karunanayake said. “It was necessary for fiscal consolidation to take...
Read More »VIDEO: Are Negative Rates All There Is?
Are negative interest rates merely a sign that central bankers have run out of ideas? Could the policy eventually make its way to the United States? Watch Jonathan Wilmot, Credit Suisse’s Head of Macro Investments, Asset Management, discuss what negative rates indicate about global monetary policy.
Read More »Jonathan Wilmot on China, Oil, and the U.S. Elections
Hear what Jonathan Wilmot, Credit Suisse’s Head of Macro Investments, Asset Management, had to say about Donald Trump, China’s new role in the global economy, and the outlook for oil prices at the Credit Suisse 2016 Asian Investment Conference (AIC). For more stories and videos from the AIC, please visit the conference website. The post Jonathan Wilmot on China, Oil, and the U.S. Elections appeared first on The Financialist.
Read More »Rebuilding Greece and Europe
Greece’s crisis is fiscal, monetary, and structural, exacerbated by political and social volatility, stresses on European unity, and now, a large influx of refugees. Despite this “nightmare” and major near-term concerns, former Greek Prime Minister Antonis Samaras believes that “we can and will make it’. The Greeks have faced a unique and debilitating confluence of challenges – excessive deficits and debt, diminishing competitiveness, increasing non-performing loans, political...
Read More »Is the World Going Back into Crisis?
Jonathan Wilmot, Credit Suisse’s Head of Macro Investments, Asset Management, looks at three past crises of capitalism – in the 1890s, the 1930s and the most recent one in 2007 – and shows that previous pre-crisis financial and economic conditions are not apparent today. His conclusion: Policy matters. Is the world going back into crisis? “It comes down to policy and whether policy rises to the challenges we face right now,” Wilmot told participants in the opening session on April 6 at...
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