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Less Central Bank Monetary Stimulus? Can Economic Growth and Markets Remain Resilient?
Released on Thursday, February 8, 2018•MARKETS
Monetary stimulus from virtually every central bank around the world has fostered a modest, but enduring economic recovery since the financial crisis. Stock markets have followed suit for the past nine years. Now, that quantitative easing, that has been rampant, is on the cusp of being withdrawn. This presentation will attempt to discuss the ramifications of such a potential change in liquidity and its effects on world economic growth and the resultant markets outlook.
Bruce Johnstone
Fidelity Investments,
Managing Director
Between degrees from Harvard College and Harvard Business School, Bruce Johnstone served two years in the US Navy as an officer on a destroyer and joined Fidelity Investments in 1966. From 1972-1990, he managed the Fidelity equity-income fund. During that period, the fund achieved a return of over 1100%, nearly twice that of the S&P 500. This return ranked Mr. Johnstone as the #1 equity-income fund manager in the nation for the 19-year period.
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