Welcome!

News Feed Item

Smart Investing in Volatile Global Markets is Focus at Quinnipiac University's G.A.M.E. IV Forum in New York City

NEW YORK, March 20, 2014 /PRNewswire-USNewswire/ -- A panel of experts in international markets Thursday pointed to the pivotal role of central banks in both helping and hurting the U.S. and world economy. The panel on "Global Markets" concluded the first day of Quinnipiac University's Global Asset Management Education (G.A.M.E.) IV Forum at the Sheraton New York Times Square Hotel.

According to David Kelly, managing director and chief global strategist at J.P. Morgan Funds, "The elephant in the room is how accommodating the central banks are. Success has gone to their heads." He noted Janet Yellen's first press conference as chair of the U.S. Federal Reserve, and said her agency is "overdoing it on financial easing" at a time it is likely to achieve its goals on unemployment and interest rates.

Guy Adami, managing director at Drakon Capital and a contributor to "Fast Money" on CNBC, agreed with Kelly. "What does the Fed see that others don't see?" he asked. "It's been amazingly accommodating." Looking at its balance sheet of $4 trillion, he said, "It's hard to see how it ends well."

But several speakers, including Adami, praised the Fed's role in easing the U.S. recession. Abby Joseph Cohen, senior investment strategist and president of the Global Markets Institute at Goldman Sachs, said she put her "market hat" on after Yellen's remarks depressed stocks, and knew that the next day would likely be a good one for traders.

Foreign economic policy took a pummeling. Kelly said European actions have "been a bit like Lemony Snicket—a series of unfortunate events" that included coordinated fiscal austerity and a unified currency. He also took aim at Asia. "China's manufacturing is one of the wonders of the world," Kelly said, "but unfortunately the Chinese also manufacture economic statistics."

Asked which international market might be undervalued, Adami pointed to Russia and its current crisis over the Ukraine. "It's possible that the most negative sentiment manifests in Russia," he said.

Cohen said smart investors need to follow the pace of economic development. "It's not as robust as we would like, but it's nevertheless positive—we've had several years of growth," she said. "The fact that there's not likely to be a recession in 2014 becomes a very critical factor for us." She added that the U.S. equity market is "modestly undervalued—and is even more so if there is no recession."

Ralph Acampora, senior managing director of Altaira, agrees. He said he looks at low interest rates combined with low inflation and predicts a continuing secular bull market. For that reason, he sees investment in gold—long seen as an inflation hedge—as "volatile" in the near term.

The fourth forum, founded by Quinnipiac School of Business Finance Professor David Sauer, attracted more than 1,000 student participants from 131 colleges and 23 countries to hear 113 speakers over two and a half days. G.A.M.E. is partially organized by Quinnipiac students, who also take part in question-and-answer sessions with the speakers.  

Quinnipiac is a private, coeducational, nonsectarian institution located 90 minutes north of New York City and two hours from Boston. The university enrolls 6,400 full-time undergraduate and 2,300 graduate students in 58 undergraduate and more than 20 graduate programs of study in its School of Business and Engineering, School of Communications, School of Education, School of Health Sciences, School of Law, Frank H. Netter MD School of Medicine, School of Nursing and College of Arts and Sciences. Quinnipiac consistently ranks among the top regional universities in the North in U.S. News & World Report's America's Best Colleges issue. The 2014 issue of U.S. News & World Report's America's Best Colleges named Quinnipiac as the top up-and-coming school with master's programs in the Northern Region. Quinnipiac also is recognized in Princeton Review's "The Best 377 Colleges." The Chronicle of Higher Education has named Quinnipiac among the "Great Colleges to Work For." For more information, please visit www.quinnipiac.edu. Connect with Quinnipiac on Facebook at www.facebook.com/quinnipiacuniversity and follow Quinnipiac on Twitter @QuinnipiacU.

SOURCE Quinnipiac University

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, will discuss how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technol...
If there is anything we have learned by now, is that every business paves their own unique path for releasing software- every pipeline, implementation and practices are a bit different, and DevOps comes in all shapes and sizes. Software delivery practices are often comprised of set of several complementing (or even competing) methodologies – such as leveraging Agile, DevOps and even a mix of ITIL, to create the combination that’s most suitable for your organization and that maximize your busines...
Struggling to keep up with increasing application demand? Learn how Platform as a Service (PaaS) can streamline application development processes and make resource management easy.
New Relic, Inc. has announced a set of new features across the New Relic Software Analytics Cloud that offer IT operations teams increased visibility, and the ability to diagnose and resolve performance problems quickly. The new features further IT operations teams’ ability to leverage data and analytics, as well as drive collaboration and a common, shared understanding between teams. Software teams are under pressure to resolve performance issues quickly and improve availability, as the comple...
The proper isolation of resources is essential for multi-tenant environments. The traditional approach to isolate resources is, however, rather heavyweight. In his session at 18th Cloud Expo, Igor Drobiazko, co-founder of elastic.io, will draw upon their own experience with operating a Docker container-based infrastructure on a large scale and present a lightweight solution for resource isolation using microservices. He will also discuss the implementation of microservices in data and applicat...
Join IBM June 8 at 18th Cloud Expo at the Javits Center in New York City, NY, and learn how to innovate like a startup and scale for the enterprise. You need to deliver quality applications faster and cheaper, attract and retain customers with an engaging experience across devices, and seamlessly integrate your enterprise systems. And you can't take 12 months to do it.
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, will discuss how research has demonstrated the value of Machine Learning in delivering next generation analytics to im...
This is not a small hotel event. It is also not a big vendor party where politicians and entertainers are more important than real content. This is Cloud Expo, the world's longest-running conference and exhibition focused on Cloud Computing and all that it entails. If you want serious presentations and valuable insight about Cloud Computing for three straight days, then register now for Cloud Expo.
As you respond to increasing requests for new analytics, you need fast and flexible technology in your arsenal so that you can deploy the right workload to the right platform for the need at hand. Do you need self-service and fast time to value? Do you have data and application control and privacy needs, along with strict SLAs to meet? IBM dashDB™ is data warehouse technology powered by in-memory computing and in-database analytics that are designed for fast results, scalability and more.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
IoT device adoption is growing at staggering rates, and with it comes opportunity for developers to meet consumer demand for an ever more connected world. Wireless communication is the key part of the encompassing components of any IoT device. Wireless connectivity enhances the device utility at the expense of ease of use and deployment challenges. Since connectivity is fundamental for IoT device development, engineers must understand how to overcome the hurdles inherent in incorporating multipl...