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November 2019 Chapter Meeting
November 8, 2019 @ 4:00 pm - 6:00 pm
*Please note the time for this meeting is 4:00 – 6:00 pm.
Topic: Economic Update – More Growth Ahead in 2020
Speaker: Bryce Gill, Economic Analyst – First Trust
Featured Partner: Todd Barney, Invesco
Overview:
With a record-long bull market and the recent inversions in the yield curve, worries about a coming recession have been weighing on investors’ minds. Add in escalating trade tensions which are throwing even more uncertainty into the mix, and it’s hard to know what’s on the horizon for the US economy.
However, First Trust continues to believe the fundamentals of the economy remain sound. Yield curve inversions aren’t the reliable signal they used to be due to massive intervention by central banks since 2008. Moreover, while trade tensions have undermined the growth-boosting incentives surrounding the Trump Administration’s Tax cuts, on net the private sector is still coming out ahead.
The strength of the US consumer, and the resiliently strong labor market, should continue to drive economic growth despite the slowdown abroad. And while there will always be negative trends to highlight, our favorite recession early warning signals continue to point to a healthy economy in 2020.
Following the speaker presentation, join us for “Business & Beverages”, a cocktail social with our partners who will be sharing best practices and business solutions. Hors d’oeuvres will be served.
Location: Maggiano’s Little Italy
About the Speaker:
Mr. Gill is a member of the economics team at First Trust Portfolios and is based in the Austin, TX office. He is a graduate of Miami University in Ohio with a B.A. in Economics. He is currently pursuing an MBA at the McCombs School of Business at The University of Texas at Austin.
Cost:
Early Registration $40.00 members and first-time attendees. $60.00 non-members
At the door $60.00 for FPA members, non-members and first-time attendees.
Registration: Click here