George Dorgan held a presentation at the CFA society in Zurich on September 1, 2014. The subjects of his speech were:
- Reasons why the EUR/CHF exchange rate will fall under 1.20 once the deflationary pressures in Europe and Switzerland have ended
- The missing link in the CFA program between its chapters on micro-economy, macro and currencies
(or as Harvard professor Simon Wren Lewis says: missing micro-foundations)
- Does history repeat? From Bretton Woods to Bretton Woods 2 and its slow end. Why the unexpected, the black swan happens more often than you think.
- The slow end of Bretton Woods 2: rise and fall of the global carry trade and debt-driven growth
- The contention that the Swiss franc must depreciate is often based on a simplified view on currency drivers and on “solely” one piece of the balance of payments. An evaluation must take place in full assessment of all drivers.
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Here the link to the CFA invitation for the eventSee more for