CMCAS Presents

Inflation Risks: 

Phantom Menace or Clear and Present Danger?

 

Date: Thursday, September 23rd 2021

Time: 5:00pm - 6:00pm ET 

 

 

**PLEASE CLICK HERE TO REGISTER ONLINE**

 

 
Debate among market participants and policy-makers about the transitory versus sticky path for inflation continues to dominate headlines, while financial asset values climb ever higher. We ask our panelists to weigh in on the merits of each argument, what inflationary signals they’re watching to inform their own views, and how credit market conditions are likely to respond.

 

The panel will take place on Thursday, September 23rd, 2021 at 5:00pm ET. Registration is now open.

 

 

Confirmed Speakers:

Richard Berner, Clinical Professor of Finance and Professor of Management Practice, Co-Director, The Volatility and Risk Institute, Leonard N. Stern School of Business

Richard Berner is Clinical Professor of Management Practice in the Department of Finance, and, with Professor Robert Engle, is Co-Director of the Stern Volatility and Risk Institute.

 

Professor Berner served as the first director of the Office of Financial Research (OFR) from 2013 until 2017. He was counselor to the Secretary of the Treasury from April 2011 to 2013.

 

Professor Berner was a managing director, chief US economist at Morgan Stanley from 1999 to 2011 and co-head of Global Economics from 2008 to 2011.

 

He was executive vice president and chief economist at Mellon Bank, and a member of Mellon's Senior Management Committee (1992-99). Previously, he served as a principal and senior economist for Morgan Stanley, as a director and senior economist for Salomon Brothers (1985-91), as economist for Morgan Guaranty Trust Company (1982-85) and as director of the Washington, DC, office of Wharton Econometrics (1980-82).

 

Professor Berner served on the research staff of the Federal Reserve in Washington (1972-80). He has been an adjunct professor of economics at Carnegie-Mellon University and at George Washington University.

 

He is an advisor to FinRegLab, an innovation center that tests new technologies and data to inform public policy and promote a responsible and inclusive financial marketplace. He is a member of the Milken Fintech initiative, led by former OCC head Tom Curry and former Treasury official Melissa Koide. He is a senior advisor to MacroPolicy Perspectives, an economic consulting firm. He is a member of the Board of Advisors of HData, which helps data companies involved in RegTech and Legal Tech solutions. He is a member of the IMF panel of experts for financial stability. He is a member of the Advisory Council of the Alliance for Innovative Regulation.

 

Professor Berner has been a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, a member of the Panel of Economic Advisers of the Congressional Budget Office, a member of the Executive Committee of the Board of Directors of the National Bureau of Economic Research, a member of the Advisory Committee of the Bureau of Economic Analysis, Department of Commerce, a member of the Board of Directors of the Penn Institute for Economic Research and a member of the Board of Advisors of Macroeconomic Advisers, LLC. He served as an associate for the Counterparty Risk Management Policy Group II. He is a Past President and Fellow of the National Association for Business Economics and is the past chair of the Economic Advisory Panel of the Bond Market Association. He is the winner of forecasting awards from Market News and the National Association for Business Economics, the 2007 recipient of the William Butler Award for Excellence in Business Economics and has been a member of Time’s Board of Economists.

 

He received his bachelor’s degree magna cum laude in Economics from Harvard College in 1968, and his PhD in Economics from the University of Pennsylvania in 1976. He researched his dissertation under the supervision of Professor Lawrence Klein, and was funded by SSRC-Ford Foundation grants at both the University of Louvain, Belgium, and at the University of Bologna, Italy, from 1971-72.

 

Matthew Luzzetti, Chief US Economist, Deutsche Bank

Matthew Luzzetti is Chief US Economist and Head of US Economic Research at Deutsche Bank in New York. He was previously an economist in DB's Office of the Chief Economist in London. Matthew's research focuses primarily on the US economy and Fed policy, and he regularly contributes to DB's global economics publications. In 2017, Matthew was named to Business Insider's Rising Stars on Wall Street Under 35. His research has appeared in several books on economic policy and in top macroeconomics journals.

 

Matthew holds a Ph.D. in Economics from the University of California, Los Angeles. While at UCLA, he worked at the U.S. Department of the Treasury in the Office of Financial Research. Prior to graduate school, he spent two years as a research analyst in the macroeconomics department at the Federal Reserve Bank of Philadelphia.

 

Bart Oosterveld, C. Boyden Gray Fellow and Director, Global Business and Economics Program, Atlantic Council 

Bart Oosterveld is an independent advisor to companies and governments in the areas of macroeconomic, credit, and country risk. He is a Senior Fellow at the Atlantic Council, where he has also led on global trade, growth, and finance, including the flagship EuroGrowth and Economic Sanctions initiatives.

Prior to joining the Atlantic Council in November 2017, Mr. Oosterveld worked at Moody’s Investors Service for almost two decades. In his most recent role as chief credit officer, Mr. Oosterveld was responsible for the credit strategy in the Americas across all asset classes. Between 2010 and 2014, Mr. Oosterveld served as the rating agency’s global head of sovereign ratings. Among other positions, he served as chair of the company’s Macroboard, its chief credit officer for governmental ratings, as well as management representative to the Moody’s Corporation’s board of directors.

Mr. Oosterveld graduated with degrees in the philosophy of law and the history of Spanish literature from the University of Amsterdam. He holds master’s degrees in public policy from Columbia University and in economics from Georgetown University.

Moderator:
 

Erin Lyons, US Credit Strategist, Co-Head of US Investment Grade, CreditSights, Inc.

In her role as US Credit Strategist, Erin directs CreditSights’ Investment Grade research and publishes on a wide range of market and macroeconomic themes. Prior to joining CreditSights, she was a Director and single-name strategist at Citigroup and a portfolio manager at Brigadier Capital Management, a long/short credit hedge fund. In addition, she covered the high yield technology sector at both JPMorgan and Deutsche Bank; she has over 20 years of experience in the credit markets. Erin holds a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania. Originally from Iowa and now living in New Jersey and Massachusetts, Erin keeps busy with her husband and three children. 

 

Thank you to our 2021 GOLD SPONSORS:

 

 
 
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REGISTRATION INFORMATION

 

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REGISTRATION FEES:

 

CMCAS MEMBER RATE: $20

 

CMCAS NON-MEMBER RATE: $40

 

DISCOUNT RATE: RE-JOIN/JOIN AND ATTEND THE INFLATION RISKS PANEL PROGRAM ON SEPTEMBER 23, 2021: $75

 

 

If you join today, membership is valid until December 31, 2022.

 

Cancelation Policy: Fee refunded with cancelation until close of business day by Wednesday, September 22, 2021.

Cancelations subsequent thereto and no-shows are liable for payment.