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Weekly Economic Update: Post-Brexit

June 29, 2016
Michael Drury
Michael Drury

The British are leaving! The British are leaving! – Maybe. Friday provided a profound shock for the financial markets as the UK voted to leave the EU in the Brexit referendum. Over the past week, following the assassination of Labour MP Jo Cox, polls had shifted from favoring Leave to favoring Stay – right up until the last polls before voting. Indeed, even UKIP party leader Nigel Farage was indicating Thursday that Stay would scrape out a victory. The unexpectedness of the outcome generated substantial volatility and market angst in part because over optimism had led some to exit protective positions and they were forced to run to cover. What we learn from this is that predicting the future is never easy. Now economists have both weather forecasters and pollsters to joke about.

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Reflections on France

July 7, 2015
Bill Witherell
Bill Witherell

GIC Member Bill Witherell discusses his recent trip to France.

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Income Inequality in the US

June 18, 2015
Michael Drury
Michael Drury

GIC Chairman and Chief Economist of McVean Trading and Investments discusses income inequality in the US.

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Notes from Paris – A Tale of Two Cities

October 2, 2014
Bill Witherell
Bill Witherell

Bill Witherell, GIC member, discusses his impressions from a recent trip to Paris.

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Turkey and Islamic State

September 25, 2014
David R. Kotok
David R. Kotok

GIC Vice Chair of the Central Banking Series David Kotok, of Cumberland Advisors, discusses the Islamic State and Turkey.

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Scotland – A Significant Event Risk

September 16, 2014
Bill Witherell
Bill Witherell

Cumberland Advisors Chief Global Economist Bill Witherell talks about the impact of Scottish independence.

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Policy, Uncertainty and a New Book

August 5, 2014
David R. Kotok
David R. Kotok

GIC Vice Chair David Kotok talks about history, the impact of military conflict and policy.

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Tapering Is Now Tightening

July 22, 2014
David R. Kotok
David R. Kotok

GIC Vice Chair of the Central Banking Series David Kotok, of Cumberland Advisors, explores tapering versus tightening.

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China’s Holidays

July 3, 2014
Timothy Weckesser
Timothy Weckesser

GIC Board Member Tim Weckesser discusses how China celebrated its recent national holidays.

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The Bottom Line of Disabilities: The Social, Financial and Economic Impact in our Communities

May 29, 2014
David R. Kotok
David R. Kotok

GIC Vice Chairman of the Central Banking Series David Kotok discusses the upcoming event in Salt Lake City.

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A Recap of the 32nd Annual Monetary and Trade Conference

April 24, 2014
William Dunkelberg
William Dunkelberg

GIC Chairman Emeritus Bill Dunkelberg writes about the 32nd Annual Monetary and Trade conference.

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Markets, Ukraine, Paris

March 6, 2014
David R. Kotok
David R. Kotok

GIC Vice Chairman of the Central Banking Series, David Kotok, discusses the situation in Ukraine and the energy sector.

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