C-Circle – “The Economic Outlook for 2015 – Has the Boom Finally Arrived?”

Date: Thursday, January 22, 2015
Time: 8:00am-10:00am
Location: Morgan Lewis
1117 S. California Ave.
Palo Alto, CA 94304


Register

The ACG Silicon Valley C-Circle is a group open only to CEO’s and Senior Level Executives who meet regularly to discuss important business issues, share experiences and strategies and improve business performance. We welcome references for CEOs or other C-level executives that wish to be a part of our events.

 

The ACG Silicon Valley C-Circle, now in its fifth year, proudly announces that it has attracted a following of approximately 250 CEOs and C-Level Executives and achieved a regular attendance of 35 executives per session.

c-circle

The topic for our next meeting is, “The Economic Outlook for 2015 – Has the Boom Finally Arrived?”

The U.S. economic outlook for 2015 may be a story of two economies. While the US stock markets hit record highs and top earners are doing well, according to a national survey, 70% of Americans believe the U.S. economy is permanently damaged, while 84% do not believe the economy has improved since the recession ended in 2009. Since the markets bottomed in March 2009, the S&P 500 has climbed approximately 200%, the NYSE is up 165%, the NASDAQ is up more than 260%, and the Dow Jones Industrial Average has gained more than 165%. However, S&P estimates the economy will grow at a modest rate of 2.5% annually for the next decade—down from a forecast five years ago of 2.8%. The unemployment rate is at 6.1% but record numbers of people have left the work force and the underemployment rate stands at 12.6%. For 70% of the workforce, the inflation adjusted wage rate is lower than in 2007. How does one make sense of the current economy and guide one’s business in such an uncertain environment?

Please join us for an enlightening discussion on the following questions:
What is the estimated growth rate for the US economy in 2015?
Will oil prices remain low?
How will that affect the growth rate?
What is the outlook for employment?
What sectors of the economy are doing well?
Will the stock market continue to set record highs?
Will the Federal Reserve end quantitative easing and allow interest rates to rise?
Will the slowdown in Germany and France affect the growth of the US economy?
What impact will the troubled Russian economy have?
What does this mean for investors in publicly traded and privately held companies?
Will investment capital continue to be available?
What will happen to interest rates?
What is the outlook for Silicon Valley?
Are we in a bubble?

 

Guest Expert: Gary Schlossberg, Senior Economist, Wells Fargo Capital Management
Gary is a senior economist at Wells Capital Management (WellsCap), a multi-boutique, institutional asset management firm and wholly owned subsidiary of Wells Fargo Bank, N.A. WellsCap is committed to delivering superior investment service to clients globally. Independent, focused investment teams actively manage domestic and global equity and fixed-income portfolios for corporations, pension plans, endowments, foundations, public agencies, health care, sovereign organizations, mutual fund companies, insurance companies, and operating funds. Based in San Francisco, Gary provides economic analysis to the equity and fixed income portfolio management teams. In this role, he makes presentations to clients, prospects, and investment staffs evaluating the financial markets. Gary joined Wells Fargo in 1974. He entered the financial industry in 1972 as a researcher at the U.S. Treasury and Federal Reserve Board covering international economic conditions. Gary earned his bachelor’s degree from the City University of New York and his master’s degree from Pennsylvania State University. Gary is often quoted in the San Francisco Bay Area and national media.

 

Morgan Lewis
1117 S. California Ave.
Palo Alto, CA. 94304
Map

 

PLEASE RSVP BY EMAIL
register@acgsv.org
ACG Silicon Valley

Register

The ACG Silicon Valley C-Circle is a group open only to CEO’s and Senior Level Executives who meet regularly to discuss important business issues, share experiences and strategies and improve business performance. We welcome references for CEOs or other C-level executives that wish to be a part of our events.

FUTURE MEETINGS:
· Thursday, March 19, 2015
· Thursday, May 21, 2015
· Thursday, July 16, 2015
· Thursday, September 17, 2015
· Thursday, November 19, 2015

We welcome references for CEOs or other C-level executives that wish to be a part of our events.