MWC Barcelona’s Post

Watch this week's Eye on Washington with Adam DeSanctis. Top things you should know: * MBA Expresses Concerns Regarding FHFA’s Title Pilot * Register Today for MBA’s Secondary and Capital Markets Conference and Expo

The Club is honored to welcome Jeremy Siegel, Russell E. Palmer Professor of Finance at The Wharton School, for a Signature Luncheon tomorrow! 🤝 In a conversation led by John Williams, Club Chair and President & CEO of the Federal Reserve Bank of New York, Jeremy will discuss future trends and the potential economic implications of global financial markets. 💬 Follow along on X for live updates and join the conversation with #ECNYSiegel! 📱 #ECNY #ECNY2024 #EconClubNY #ECNYEvents #EconomicClub #NYC #Wharton #GlobalFinance #Economics #EconomicTrends 

The frontier of foresight technique has moved outwards. In my latest for the The Australian Financial Review I argue that in an ideal world, new members of the RBA Board should be cognizant of, and proficient in, the methods and thought processes that underpin the new science of "Superforecasting". The board is the final clearing house for turning complexity into decision, and to fulfil that task it ideally needs to be deep-and-broad at every seat, rather than deep-but-narrow at every seat with a theoretical collective expertise across the sum of the parts. While the skills matrix approach recommended in the review is certainly an advance upon the status quo, a more aspirational approach would be seek out those with a demonstrated skill in prediction. And that ultimately means turning to multi-disciplinary thinkers who take a 360-degree perspective, and also happen to have chosen economics as their main profession. The Good Judgement project (GJP) that ultimately spawned the bestselling Superforecasters book, grew out of the failures of the western intelligence and security apparatus in the early 2000s. Backed by real-world experimentation, the GJP shows not only that Superforecasters exist and walk among us, but also that successful approaches to prediction can be documented and followed. The least-inaccurate forecasters (aka the "super" ones) tend towards a polymathic, deep-and-broad approach to knowledge that surmounts traditional disciplinary boundaries. Tetlock calls them “dragonflies”, reflecting the 360-degree visual perspective that the extraordinary eyes of these highly efficient insect hunters give them. Putting that in a literary context, Sherlock Holmes once said of his brother Mycroft: “All other men are specialists, but his specialism is omniscience.” If Mycroft Holmes were available, he should be #1 on the RBA board nominations list. Warren Hatch Nicholas Gruen Philip Tetlock Anthea Roberts Jens Nordvig Ben Samild John Kehoe Kirsten Aiken Lun Zhang Jason Fairclough Arnoud Balhuizen Vandita Pant Sarah Hunter Angelia Grant Luke Yeaman Dragonfly Thinking Christopher Marsh Nick Stansbury Lee Levkowitz Shiro Armstrong Paul Burke #rba #monetarypolicy #superforecasting #futures #foresight

(events) For those of us interested in #GlobalEconomics, 2 exceptional events are coming up this month: 1) Virtual - October 15th. A panel of senior analysts from the esteemed Peterson Institute for International Economics (#PIIIE) on current prospects. Free. Registration in the Comments below. 2) In-person only - Oct 30th- Palo Alto #ACGSV Global Economic Circle "What's Driving Interest Rates Worldwide?" with views from my colleagues and other experts, including sponsor and moderator, Frank Bernstein (with David Elkins) of Squire Patton Boggs, Emily Jones of Simmons & Simmons. Fee and Registration info in the Comments below. Hope to see you on-screen or at #ACGSV soon! #GlobalBusiness.

We are thrilled to announce that EBC Financial Group is returning for a second episode of “What Economists Really Do” (WERD) by the University of Oxford’s Department of Economics! Building upon the success of our virtual #WERD webinar in March, the upcoming episode on 14 November will this time delve into #macroeconomics and climate, in recognition of the urgency and challenges of aligning economic growth with environmental sustainability. This will be our first hybrid event with the University of #Oxford, marking a milestone in our growing partnership, as well as the first time WERD features a panel discussion with a Q&A segment. David Barrett, CEO of EBC Financial Group (UK) Ltd, will be joining the panel to share his insights and answer live questions. WERD, led by the University of Oxford's Department of Economics, showcases how #economics can offer solutions to some of the world’s most pressing challenges. Experts explore real-world approaches to issues like #climate change and economic inequality. #EBCFinancialGroup is proud to be a sponsor for the 4th season of WERD, as part of our commitment to supporting initiatives that drive community engagement and societal transformation. Together, we aim to tackle crucial issues for the world we live in, bridging information gaps through public #education to foster sustainable, knowledge-driven societies. Stay tuned for more details on how you can watch the episode. In the meantime, watch EBC’s inaugural WERD webinar on the topic of tax evasion here: https://lnkd.in/g9JJfkHw #EBC #EBCInsights

🌍 Exploring the Future of the BRICS Financial System with Prof. Yan Liang 💡 🎥 I recently watched an insightful discussion featuring Dr. Yan Liang, a Professor of Economics at Willamette University. The talk delved into the emerging BRICS financial system, which promises to be unlike any existing model. Instead of mimicking Western institutions, it aims for a decentralized structure based on currency convertibility and possibly a new global unit of account. 💱✨ 🔑 Key Insights: - 🚀 Innovative financial architecture - 🌐 Decentralization and currency convertibility - 🔄 Potential shift in global economic dynamics 📈 This conversation is a must-watch for anyone interested in international economics and development! Let’s connect and share thoughts! 🤝 #BRICS #Economics #Innovation #GlobalDevelopment #FinancialSystem 🎥 Watch the full video:

I am happy to share the collaborative work on European Football Clubs and their bankruptcy Trends with Bojan Georgievski, PhD Aleksandra Dženopoljac and Vladimir Dzenopoljac. The article concludes the correlation of sporting success of clubs with their financial performance. An interesting read if you are a football fan, and otherwise too if you like econometrics and finance! #research #finance #econometrics

Every summer, Chapman University Argyros College of Business & Economics hosts financial experts to speak about big topics in finance. #chapmanu #fed #economics #inflation #shadowopenmarketcommittee #gdp #banking #business #federalreserve

I had a great opportunity to give a lecture at the University of Notre Dame to a financial economics group:"DECISION-MAKING UNDER UNCERTAINTY: LIVING IN A VUCA WORLD". VUCA is the acronym from the US Army War college - Volatility, Uncertainty, Complexity, and Ambiguity - which is used to explain the environment faced in any conflict. I use the term VUCA because explaining market risk only through volatility is not enough to address the many issues faced by traders and investment managers. There is, of course, volatility, but there is also the uncertainty from what cannot be counted, complexity from all the forces driving prices, and ambiguity from the changing dynamics of any market environment. #finance #risk #uncertainty #volatility #riskmanagement

Excellent synopsis of #VUCA and decision making factors in this presentation by Mark Rzepczynski... While the focus is on financial investments, this process and the concepts apply to so many other markets as well as both both public and commercial strategic evaluations...