In this podcast, Paulita Pike, CIS Trustee and Managing Partner of Ropes & Gray, moderates a panel from our 2024 Symposium on What Keeps Us Up At Night. Panelists include Adam Berger, Senior Managing Director, Multi-Asset Strategist and Portfolio Manager at Wellington Management, Michelle Knight, CEO & Chief Economist at Ropes Wealth Partners, and Paul Schott Stevens, CIS Trustee and Retired CEO of the Investment Company Institute.

Highlights

• Interest rates and their impact on the economy.
• Discussion on role and independence of the Federal Reserve.
• Concerns over fiscal spending and budget deficit.
• Geopolitical risks and inflation concerns.
• Rising government debt and impact on future generations.
• Discussion on budget deficit and fiscal responsibility.
• Inflation and its effect on income inequality.
• Evaluation of equity valuations and potential bubbles.
• The complexities of AI and its contrasting impact.
• Personal story on AI’s positive impact in healthcare.
• The need for thoughtful regulation of AI.

Episode Resources

• Connect with Catholic Investment Services
• https://catholicinvest.org/about-us/
• https://catholicinvest.org/about-us/#board-of-trustees
• https://catholicinvest.org/contact-us/
• https://catholicinvest.org/cis-institute/

In this keynote, Juhi Dhawan, Senior Managing Director, Partner and Macro Strategist at Wellington Management Company, discusses the optimism surrounding the US Economy's productivity trends as well as its debt.

Highlights

• Face-off between productivity and debt
• Fed’s interest rate cut after four-and-a-half years
• Uneven U.S. economic expansion
• Election impact on U.S. economy
• Productivity trends and cost-cutting
• Immigration and its economic implications
• Importance of productivity in a tight labor market
• Long-term effects of AI adoption
• Industrial policy and U.S.–China relations
• Fiscal deficit concerns and election impact
• Risks of higher real interest rates
• Commercial real estate and interest rates
• Inflation risk and Fed policy balance

Episode Resources

• Connect with Catholic Investment Services
• https://catholicinvest.org/about-us/
• https://catholicinvest.org/about-us/#board-of-trustees
• https://catholicinvest.org/contact-us/
• https://catholicinvest.org/cis-institute/

This podcast features CIS Co-Founder and Chairman Emeritus of The Vanguard Group, Jack Brennan, and Ruchir Sharma, Chairman of Rockefeller International and Founder and Chief Investment Officer of Breakout Capital. The panelists discuss Ruchir Sharma's book titled: What Went Wrong with Capitalism.

Highlights

• Survey reveals young Americans favor socialism.
• Early American financial bailouts began in 1984.
• Regulation and risk-taking in financial sectors.
• The paradox of productivity amidst technological boom.
• Housing affordability as a generational issue.
• Impact of regulations on business dynamics.
• Capitalism’s role in fostering economic freedom.
• Major themes of capitalism addressed.
• Continual cycles and potential market corrections.
• Rising prominence of private markets.
• Investor’s role in capitalism’s future.

Episode Resources

• Connect with Catholic Investment Services
• https://catholicinvest.org/about-us/
• https://catholicinvest.org/about-us/#board-of-trustees
• https://catholicinvest.org/contact-us/
• https://catholicinvest.org/cis-institute/