CFA Society of Los Angeles Presents Economic and Investing Forecasts for 2007.LOS ANGELES -- The fifth annual forecasting dinner sponsored by the Chartered Financial Analysts Society of Los Angeles (CFALA) will be held on Thursday, February 1, 2007. Attend the members-only dinner and get advice from three distinguished panelists for what to do with investments for the upcoming year. Networking begins at 5 p.m.; dinner and panel discussion at 6:15 p.m. Wilshire Grand Hotel, 930 Wilshire Blvd in downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or . Panelists include Goldman Sachs' savvy chief investment strategist Abby Joseph Cohen Abby Joseph Cohen (CFA) (born 1952 in Queens, New York) is an American economist and financial analyst on Wall Street. She is a partner and chief U.S. investment strategist at Goldman Sachs. , Stanford economist John B. Taylor For other persons named John Taylor, see John Taylor (disambiguation). John B. Taylor (born December 8, 1946) is an economics professor at Stanford University. Born in Yonkers, New York, he earned his A.B. from Princeton University in 1968 and Ph.D. , famous for the Taylor rule that is used as a guide for setting short-term interest rates Short-term interest rates Interest rates on loan contracts-or debt instruments such as Treasury bills, bank certificates of deposit or commerical paper-having maturities of less than one year. Often called money market rates. , and Paul McCulley, Managing Director of $650 billion bond manager Pacific Investment Management Company (PIMCO). Experts will be answering questions from moderator Donald H. Straszheim, vice chair of Roth Capital Partners Roth Capital Partners, LLC, is a full service Investment Banking firm, specializing in the small and micro cap markets. Roth’s focus, according to its official website, "has been, is, and will continue to be providing the full spectrum of investment banking services, , one of Wall Street's top economic and financial market experts. Get your questions answered as well about how the economy will perform, will the Fed move rates again and where the best returns on investments are to be found. The 2007 event is sponsored by numerous organizations, including: Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Private Bank, Capital Group, Deutsche Bank, FactSet, IXIS Asset Management Advisors, Market Axess, Northern Trust Bank, Payden & Rygel, RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). , UBS and Wells Fargo. Proceeds from the Forecast Dinner will support the CFALA Investment Literacy Program. For the third consecutive year, CFALA will sponsor The Los Angeles Capital Markets Contest that is conducted by the California Council on Economic Education (CCEE). The Capital Markets Contest is a motivating approach to learn about the American economic system and financial markets. Teacher recruitment emphasizes districts and schools that serve minority and lower socio-economic communities. For some students, this is their first exposure to a world outside of their neighborhood and their perceived limitations. The winning team does the best job of explaining the macro economic factors that affected the performance of their $100,000 portfolio during the 10-week simulation. The contest ends with students advising Fed chair Bernanke on the future of interest rates. Prizes include a trip to New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , and cash. The CFA Society of Los Angeles (CFALA) is an organization of more than 1900 financial professionals, most of whom have earned or are in the process of earning the Chartered Financial Analyst designation. CFALA is one of 131 affiliated societies of the CFA Institute, the global, non-profit professional association that administers the Chartered Financial Analyst[R] (CFA[R]) curriculum and examination program worldwide, publishes research, conducts professional-development programs, and sets voluntary, ethics-based professional and performance-reporting standards for the investment industry. CFA Institute has more than 79,000 members in 125 countries and territories. For more information on CFALA, please go to www.cfala.org. For information on how to reserve a press pass for this event, call Dan Pomerantz, CFALA Public Awareness at 213-627-1500, x703. |
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