Soft Landing or Not?

A Discussion of Current and Potential Economic Challenges

(No virtual attendance, registration required by 7/11/22, no onsite registrations permitted)

Date: Wednesday, July 13, 2022

Location: PwC, 300 Madison Avenue, New York, NY

In-Person Networking Reception: 5:15 PM - 6:15 PM

Panel Discussion: 6:15 PM – 7:30 PM 

 

Please join the RMA NY Chapter IN PERSON at PwC on Wednesday, July 13, for a discussion around inflation, central banks and de-globalization. Topics will include:

  • Can the Fed navigate a "soft landing", and what is the risk of a policy misstep?
  • What are the likely effects of the Fed unwinding its balance sheet versus raising the policy rate?
  • What will sharply higher U.S. interest rates mean for the rest of the world?
  • At what point might historically tight labor conditions begin to reverse?
  • Could the turmoil in the energy and commodities markets push the U.S. into recession? How about stagflation?
  • How do the midterm elections in November come into play, if at all?
  • Which industries/sectors are best positioned to deal with sustained high inflation?
  • Are there any signs of loosening in supply chain bottlenecks?
  • Can industries rework their supply chains so that future disruptions are less likely?
  • What are the main differences between pre- and post-COVID economies?

 

Confirmed Panelists:

Clark Anderson, Managing Director and Global Head of Country Risk and Climate Risk Management, Morgan Stanley

Clark Anderson serves as Global Head of Country Risk and Climate Risk Management for Morgan Stanley. He has been a country risk specialist for more than 30 years, working with corporate, financial, and government clients around the world. Anderson began his career at the U.S. Federal Reserve Board, where he focused on project analysis and economic issues related to developing countries and multilateral lending. He then moved to the private sector, first as a special consultant to Bankers Trust Company on political risk, and then to Multinational Strategies, Inc., as a Principal and Director of Corporate Consulting. He also served as Managing Partner of the country risk consulting houses Anderson, Blank & Bosworth and Country Risk Advisor LLC. For most of his career, however, Anderson has managed country risk on Wall Street, first as Global Manager of the Sovereign Risk Management & Advisory Group at Goldman Sachs before moving to Morgan Stanley. Anderson is a China specialist, having followed China closely since modernization began in 1978 and advised both the Chinese government and firms operating in China. He also has particular expertise in global energy issues. Anderson’s recent work on climate risk has included serving on the blue-ribbon advisory committee on climate risk for the CFTC, and leading global working groups for the Partnership for Carbon Financial Accounting.

Anderson holds a Master in Public Affairs degree from the Woodrow Wilson School of Princeton University and a B.A. in International Relations from Pomona College.

Lawrence Goodman, Founder and President, Center for Financial Stability (CFS)

Lawrence Goodman is founder and president of the Center for Financial Stability – a nonpartisan think tank with business lines spanning the future of finance, data and analytics, policy, and technology. He is an economist with expertise in global macro investment strategies and sovereign debt restructuring. He has established a consistent track record of successfully predicting meaningful financial market movements and crises. He has advised hedge funds and governments and led research teams on Wall Street and at the U.S. Treasury. At Treasury, he co-founded and chaired an interagency working group of 13 agencies that advised principals on future financial vulnerabilities and risks.
 
Mr. Goodman is a member of the Financial Research Advisory Committee at the U.S. Treasury’s Office of Financial Research. He serves as Chairman of the Board of The First Alliance Foundation and a member of the Advisory Board of the Penn Institute for Economic Research. Previously, he served as a member of the Export-Import Bank of the United States’ Advisory Committee, the Executive Committee for the Global Equity Group at Santander Investment, and the Board of the Emerging Market Traders Association.
 

Anshul Sehgal, Co-Head of US Interest Rate Products Trading, Global Markets Division, Goldman Sachs

Anshul is co-head of US Interest Rate Products (IRP) Trading. Previously, he was head of Non-Linear Rates Trading, and prior to that, head of US VolEx Trading. Earlier in his career, Anshul was a trader on the US Dollar Rate, Vanilla and Exotics Volatility desk for two years, and before that, a desk strat on the US Dollar Rate Options desk. He joined Goldman Sachs in 2011, and was named managing director in 2013 and partner in 2018.
 
Prior to joining the firm, he was an exotics rates trader at Bank of America for three years.
 
Anshul earned a PhD in Electrical and Computer Engineering from the University of Illinois in 2004.
 
Moderator:

Paul Gruenwald, Chief Economist, S&P Global Ratings
Paul Gruenwald is the Chief Economist at S&P Global Ratings. Based in New York, he leads the economic research agenda and serves as the primary spokesperson on macro-economic matters for the company.
 
Before joining S&P Global Ratings in 2013, Paul spent almost five years at the Australia and New Zealand Banking Group (ANZ) as the Asia Pacific Chief Economist, where he was responsible for helping set and direct ANZ's Asian and global economic research agenda, as well as building the bank's economic research efforts and profile in the region. Previously, Paul worked at the International Monetary Fund (IMF) for nearly 16 years, where he led the team producing the IMF's Asian regional outlook reports. He was also the IMF Resident Representative to Hong Kong and Korea, the Deputy Chief of the China Division, and did considerable work on both public (Paris Club) and private (London Club) debt restructuring issues.
 
Paul has a Ph.D. in Economics from Columbia University and a bachelor's degree in Economics/Mathematics from the University of Texas.
 

 

Thank you to S&P Global Ratings for our Platinum Sponsor for all programming in 2022. 

 
**Registration can be done online by clicking here.
 
  • Members of RMA-NY Chapter: $55
  • Non-Members of RMA-NY Chapter: $85
  • DISCOUNT Join/Re-Join and Attend the In-Person Program: $95 (Memberships valid until 8/31/2023)
  • DISCOUNT Join for 2 Years and Attend the In-Person Program: $150 (Membership valid until 8/31/2024)

 

**Please be aware of the RMA New York Chapter Antitrust Policies HERE**

 

Policies:

Your membership category will be verified after receipt. If an adjustment is needed due to selecting an incorrect category at checkout, RMA NY Chapter is authorized to place a charge or credit on the card number supplied. All payments must be received prior to admission to meeting. THE OFFICIAL CUT-OFF DATE TO REGISTER is Monday, July 11, 2022. Cancelations must be received 48 hours in advance to qualify for a refund; cancellations after that time and no-shows are liable for payment. 

 

 

Phone: 914-332-0042 

Email: rma@rmany.org

Register Online at: www.rmany.org

RMA New York Chapter

25 North Broadway

Tarrytown, NY 10591