Recession or soft landing? That's the question economists and investors have been grappling with for well over a year as interest rates reach multi-decade highs. What does that mean for the financial markets and what's in store for 2024? Will it be a Bull or Bear Market?

The FWA has assembled an all-star panel to help answer these and other questions about the economy, interest rates and the financial markets, moderated by CNBC's Steve Liesman. Come join us for a lively discussion on the US economy and financial markets and get all your questions answered. 

This event is perfect for anyone working in financial services, or just concerned about the economy and financial markets, and who wants to learn more about the outlook for:

• Inflation 
• Rising interest rates
• Employment 
• The Stock and Bond Markets
• Risk of another recession

This is a great opportunity to learn about what’s ahead for the US economy and financial markets and its impact on your money!

There will be ample time to ask the moderator and panelists questions during and after the panel, and to network after the event.

Light refreshments will be served.

Speakers:

Lauren Goodwin, Director of Portfolio Strategy, NY Life Investments

Michelle Meyer, Chief Economist, Mastercard

Daleep Singh, Chief Global Economist, PGIM Fixed Income

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SCHEDULE

Wednesday, November 15, 2023, 5:15 – 7:30 pm

5:15 to 5:30 pm: Registration and Check-in
5:30 to 6:15 pm: Panel Discussion
6:15 to 6:30 pm: Q&A
6:30 to 7:30 pm: Networking

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LOCATION

New York Life Building
51 Madison Avenue
New York, NY

(Madison Ave. between 26th and 27th Street)

 

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COST

In Person:  $25 Member | $40 Non-Member 

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Moderator

Steve Liesman, Senior Economics Reporter, CNBC

As CNBC’s senior economics reporter, Steve Liesman reports on all aspects of the economy, including the Federal Reserve and major economic indicators. He appears on “Squawk Box” (M-F, 6AM-9AM ET), as well as other CNBC programs throughout the business day.

Liesman joined CNBC from The Wall Street Journal where he served as a senior economics reporter covering monetary policy, international economics, academic research and productivity. At the Journal, Liesman previously worked as an energy reporter, and Moscow bureau chief. He won an Emmy for his coverage of the financial crisis and was a member of the reporting team recognized with a Pulitzer Prize for stories chronicling the crash of the Russian financial markets.

Prior to joining the Journal in 1994, Liesman was the business editor for The Moscow Times, where, as the founding business editor for the country’s first English-language daily newspaper, he helped create the publication’s stock index, which was the country’s first. Liesman also has worked as a business reporter for both the St. Petersburg Times in St. Petersburg, Fla., and The Sarasota Herald-Tribune in Sarasota, Fla.

Liesman holds an M.S. from Columbia University Graduate School of Journalism and a B.A. in English from the State University of New York, Buffalo.

 

Panelists

Lauren Goodwin an Economist and Director of Portfolio Strategy at New York Life Investments, was named a 2020 Business Insider Rising Star of Wall Street.* Her Multi-Asset Solutions team manages a combined $8.4B in assets (as of 9/30/22), including MainStay’s Income Builder Fund, Asset Allocation ETFs, and bespoke investment solutions.

Goodwin’s work focuses on mapping global macro and capital markets trends to asset management strategy. She is responsible for economic and market research, asset allocation, and thought leadership, providing regular insights through multi-media coverage and as host of the firm’s economic and market podcast, Market Matters. Goodwin regularly represents firm at conferences and as spokesperson in television and print media outlets such as: Bloomberg, CNBC, the New York Times, Nikkei and Barron’s.

Goodwin authored the CFA Institute’s curriculum on Geopolitical Risk (“Introduction to Geopolitical Risk”).

Prior to joining the firm, Goodwin held economist positions at JPMorgan, Wells Fargo, Frontier Strategy Group, and the OECD. She is a CFA Charterholder, graduated summa cum laude from the University of Southern California and holds a master’s degree in international economics from Johns Hopkins.

 

Michelle Meyer, Chief Economist, Mastercard Economics Institute

As chief economist of North America, Meyer's responsibilities include development and delivery of differentiated economic, financial, policy and market thought leadership for customers, Mastercard and public policy.

Prior to joining Mastercard, Meyer was the Head of U.S. Economics at Bank of America (BofA) Global Research. At BofA, she was responsible for providing the firm's U.S. economic forecasts, including the outlook for GDP, inflation, and Federal Reserve policy. Meyer's research is focused on the health of the consumer, relying on a variety of high frequency data sources.

Prior to joining BofA Securities in May 2010, Meyer was a senior U.S. economist at Barclays Capital, where she started her career on the U.S. economics team at Lehman Brothers. While at Lehman Brothers, she developed a strong following for her housing outlook, warning about the risks of excess in the housing market.

Meyer earned a bachelor's degree (magna cum laude) and a master's degree, both in economics, at Boston University. While at BofA, Meyer and team were consistently ranked among the top three economics teams by the Institutional Investor All America Fixed- Income Research Survey, earning the #1 spot in 2021. She received a Visionary Award by the Council for Economic Education in 2023. She was also named by Forbes Magazine as one of 30 under 30 in finance in 2011 and a Rising Star by the Women's Forum for Economy and Society in 2012.

 

Daleep Singh is the Chief Global Economist and Head of Global Macroeconomic Research at PGIM Fixed Income. Mr. Singh is responsible for oversight of the Firm’s Global Macroeconomic Research team, leading the formulation of the global macroeconomic outlook across developed and emerging economies, analyzing key structural shifts, and synthesizing the implications for global interest rate, currency, sovereign, and credit markets. He is a member of the senior investment team and provides thought leadership on global policy and macroeconomic trends.

Prior to joining the Firm in 2022, Mr. Singh served as Deputy National Security Advisor for international economics and Deputy Director of the National Economic Council for the Biden Administration. In this capacity, he coordinated the Administration’s policymaking process for a range of issues at the intersection of economic policy and national security, including economic statecraft, supply chain resilience, innovation policy, infrastructure finance, digital assets, global health security, and climate finance. As the U.S. Sherpa to the G7 and G20, he also acted as President Biden’s representative in major international fora. Previously, Mr. Singh was an Executive Vice President and Head of the Markets Group at the New York Federal Reserve, where he led the implementation for most of the Fed’s emergency facilities launched during the COVID-19 pandemic. Earlier in his career, Singh served as an acting assistant secretary for financial markets at the Treasury Department during the Obama-Biden Administration, as well as a deputy assistant secretary for international affairs. Before and after his time in government roles, Mr. Singh held positions in the private sector and academia, including when he taught a popular graduate course on geoeconomic strategy.

Mr. Singh earned a BA from Duke University and graduate degrees from MIT and Harvard University, with a focus on international economics. Additionally, Mr. Singh was named one of the 2022 Bloomberg 50, an annual list of innovators, entrepreneurs, and leaders who have changed the global business landscape.

 

Savita Subramanian is a managing director, head of US Equity Strategy and Head of US Quantitative Strategy, based in New York and Charlotte. She is responsible for determining forecasts for the S&P 500, recommending US sector allocations for equities, and developing the firm’s quantitative equity strategy. She markets these materials to institutional, corporate and individual clients on a regular basis. She also spearheaded and continues to play an active role in Global Research’s Environmental, Social and Governance (ESG) efforts. Subramanian joined Merrill Lynch in 2001 as an associate on the Research team.

She has been ranked in the Institutional Investor survey for the last 11 years, and ranked in the top 3 in Portfolio Strategy, Quantitative Research and ESG Strategy. Subramanian is a frequent commentator and guest host on media outlets, and has been named by Barron’s in the 100 Most Influential Women in U.S. Finance since 2021.

Subramanian started her career as an analyst at Scudder Kemper Investments in New York and San Francisco. Subramanian received Bachelor of Arts degrees in Mathematics and Philosophy from University of California at Berkeley. She received an MBA from Columbia University. Subramanian sits on the board of U.C.L.A., MFE and is on the Membership Committee of the Quantitative Group.

 

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Sponsored by NYL Investments.

Special thanks to Debbie Curran and NY Life.

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Patti Domm and Jackie Linden, FWA Programming Division Chairs of the FWA of New York, Inc.