How many times have you heard that China is on its way to surpassing the United States as the main driver of world economic growth? This week’ s guest says not so fast – growth dynamics are changing and the widely forecast new world order is returning to the old world order. Top rated economist, Nancy Lazar explains why the U.S. has resumed its role as the driver of global economic growth and China is lagging. Continue Reading »
Setting up a brand new, world class macro research firm is a daunting task under any circumstances, but leading economist Nancy Lazar was amazed at how much easier it was establishing Cornerstone Macro than it had been in 1991 when she and former partner Ed Hyman established ISI Group. The difference? Technology!
Even the most hard-core stock pickers on Wall Street watch out for big picture events that can move markets. But which macro events matter most? Fed “tapering”? The slowdown in China? The housing recovery? Two investment research stars will be exclusively on WEALTHTRACK this week: Nancy Lazar and François Trahan both left their previous firms to become founding partners in Cornerstone Macro, devoted solely to macro economics, policy and strategy. What they identify as the next emerging market will surprise you! Continue Reading »
New Market Realities
Dealing with the new market realities. Two giants of behavioral finance- Yale Professor and Irrational Exuberance author, Robert Shiller and MIT professor and hedge fund manager Andrew Lo- discuss where the money will be made in the new financial landscape. Plus, top rated economist Nancy Lazar of ISI Group fills us in on the outlook for global economies and markets. Continue Reading »