Fourth Annual Financial Literacy Day: Understanding Global Markets and Finance

Register to join us on Friday, February 14, 2020 for the Fourth Annual Financial Literacy Day! We are once again delighted to partner with the University of South Florida Sarasota-Manatee College of Business and Cumberland Advisors to bring another year of expert presentation and discussion to Sarasota, including a keynote address from Loretta J. Mester, President and CEO, Federal Reserve Bank of Cleveland.

Continuing Education: Attendees of the Fourth Annual Financial Literacy Day can receive continuing education credit from the Certified Financial Planner Board for 3 credit hours. Please email Colleen at cmurphy@interdependence.org for more details.

Agenda

8:00 – 8:30 a.m. | Registration and coffee

8:30 – 8:45 a.m. | Welcoming Remarks

• Karen Holbrook, Regional Chancellor, USF Sarasota-Manatee
• David R. Kotok, CIO, Cumberland Advisors and GIC Board Member

8:45 – 9:00 a.m. | Update on USFSM Financial Education and Bloomberg Terminal

• Eddie Sanchez, Jr., Director, Bloomberg Financial Markets Lab, USF Sarasota-Manatee College of Business

9:00 – 10:15 a.m. | The Bond Market
Examining the categories of debt and the influences on them including budget deficits and larger issues like central bank QE and its impacts on interest rates for this debt

• John Mousseau, President and Chief Executive Officer, and the Director of Fixed Income, Cumberland Advisors on State and local government debt/Munis
• Jay Bryson, Managing Director and Acting Chief Economist, Wells Fargo & Co. on US government debt
• Moderator: William Strauss, Senior Economist and Economic Advisor, Federal Reserve Bank of Chicago

10:15 – 10:30 a.m. | The Danger of Deficits and Debt and What Can be Done About It
Introduced by Kathleen Stephansen, Senior Economist, Haver Analytics and GIC Chair

• Senator Kent Conrad, Former Chairman of the Senate Budget Committee

10:30 a.m. | Break

10:45 a.m. – 11:45 a.m. |  Real Time Payments (RTP)
Examining Bitcoin, Libra, Venmo and the new versions of electronic money

• Nick Colas and Jessica Rabe, Co-Founders of DataTrek
• Dave Nadig, CIO & Director of Research, ETF Trends & ETF Database
• Christopher Whalen, Chairman, Whalen Global Advisors LLC
• Moderator: Michael McKee, Political and Economic Correspondent, Bloomberg

11:45 a.m. – 12:30 p.m. | Keynote Speech
Introduced by Michael Drury, Chief Economist, McVean Trading & Investments and GIC Vice Chair of International

• Loretta J. Mester, President of the Federal Reserve Bank of Cleveland

12:30 p.m. | Concluding Remarks

• David R. Kotok, CIO, Cumberland Advisors and GIC Board Member