Signs point to global economic recession, Celebrate OMFIF’s 10th anniversary
Thursday 5 December 2019 – Vol.10 Ed.49.3
Commentary:Â Signs point to global economic recession
By Desmond Lachman in Washington
US economist Hyman Minsky never tired of warning that extended bull markets always end in epic collapses. The prolonged period of exuberance that financial markets are now experiencing would surely make him shudder. Market exuberance has begotten years of reckless lending. Although many factors point towards an impending global economic recession, markets and policy-makers seem remarkably sanguine. The possibility of a violent repricing of risky assets is apparently far from their minds
Read the full commentary on the website
Meeting:Â OMFIF’s 10th anniversary
Wednesday 5 February, London, 18:00-20:00 GMT
To mark OMFIF’s 10th anniversary we are hosting a reception for colleagues, friends and peers at the Gherkin in the City of London. Remarks from David Marsh, OMFIF’s chairman and co-founder, and John Orchard, its newly appointed chief executive officer, will celebrate OMFIF’s first 10 years and shine a light on our plans for the next decade and beyond. Peter Praet, former chief economist of the European Central Bank, will share his thoughts on the changing role of central banks, the rise of populism and other global challenges.
Request to attend the meeting.
