Finding Opportunity in a Volatile Market February 25, 2009
Posted by megan in Events, Member Submitted, Photos, Professional Development.add a comment
Submitted by Sarah Shore, M.S., Sarah Shore Consulting, LLC
What’s the worst thing you can do when confronted with a bear? Freeze. That’s according to Michael Jones, and the bear he’s referring to is the current bear market. Michael Jones of Riverfront Investment Group gave a dynamic presentation, “Finding Opportunity in a Volatile Market” at the Union League yesterday. The program delivered concise, easy-to-understand information about how we a rrived at our current economic situation and what the best chances are for a quick recovery.
Fascinating fact: It took 225 years (1776-2001) for America to accrue 6 trillion dollars of mortgage debt. It took only 7 years more (2001-2008) to double that debt to 12 trillion dollars. That’s just one of the remarkable statistics I took away from the presentation, as well as one of the reasons we are in “the economic downturn.” An engaging speaker, Mr. Jones offered grounded optimism for the future of the American economy, as long as we make the right decisions. We have only to look at the Japanese recession of the 1990’s to learn some valuable lessons. Most important for our financial recovery, says Mr. Jones, is bold and decisive action on the part of Washington to avoid what he calls the “price swamp” wherein stock prices continue to drop and assets are undervalued.
“Finding Opportunity in a Volatile Market” clarified the current economy for me and helped me see what the recovery process will look like over the next several months. Mr. Jones delivered an expert presentation that even an “amateur economist,” like myself, can understand. I can now articulate recession concepts that I hadn’t been able to grasp before. As always, this Chamber event provided great networking opportunities and a valuable educational experience. Especially exciting for me, I had the chance to hear and engage with a true thought leader in the fields of finan ce and wealth management. A home-run event for the Chamber. Job well done!
To download the PowerPoint presentation for this event, click here.
To download biographies of the speakers, click here.
To download the supplemental article, The Obama Bank Bailout: Missed Opportunity or the Japan Syndrome, click here.
To download the supplemental article, The Heart of the Riverfront Value Discipline: Dynamic Strategic Allocation, click here.
To view photos from the event, click here.
YPN at the Water Works Restaurant February 24, 2009
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Submitted by Christopher Parker, Store Manager, AVP, TD Bank
On Wednesday, February 18th Young Professionals Network members gathered at The Water Works Restaurant. The hugely popular venue treated attendees to an amazing sampling of hors d’oeuvres, lively networking and a timely speech from Mike Carbone, President, Metro Philadelphia Market for TD Bank. Mike provided the audience with an entertaining commentary on the economy and discussed the important role that being active in the community plays in long term professional success. Approximately thirty YPN Members, including YPN Chair Kevin Cafferky and Chamber Board Member Scott Mirkin, further indulged after the event, enjoying a terrific Prix Fixe dinner arranged by The Water Works Restaurant for YPN Members.
Click here to view photos from the event.
This Week at the Chamber February 17, 2009
Posted by megan in Events, Public Policy, YPN.add a comment
- Congressional Staff Luncheon at The Down Town Club in Center City 2/18
- Young Professionals Network at the Water Works Restaurant 2/18
For more information on all upcoming events, visit the Chamber’s event calendar.
Mayor Nutter Calls for Summer Internships February 11, 2009
Posted by megan in Events, Michael Nutter, Photos, Public Policy, Summer Internships.add a comment
Yesterday, over 1,400 business leaders gathered at the Chamber’s Annual Mayoral Luncheon to hear Mayor Nutter discuss his plans to tackle the city’s economic challenges and capitalize on its strengths in the coming year and beyond. Also, Mayor Nutter kicked off the 2009 campaign to identify paid summer internships for Philadelphia young people. Above is a clip of his speech about the importance of supporting this program.
Click here to view photos from the event.
Entreprenuership Conference This Friday February 11, 2009
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The Wharton School of the University of Pennsylvania is holding the 2009 Wharton Entrepreneurship Conference on February 13. The event features keynotes by Julian Brodsky, Founding Partner And Vice Chairman, Comcast Corporation and Donny Deutsch, CNBC Host and Chairman Of Deutsch Inc.
Additional highlights include:
- Networking opportunity for Philadelphia-area business people to meet successful entrepreneurs, advisers, investors, and legal and accounting service providers.
- Industry panels on Internet, Mobile, Clean-Tech, Life Sciences. Case studies will discuss these sectors and provide perspectives from successful entrepreneurs and investors.
- “The Entrepreneur Exposition,” promising entrepreneurs an opportunity to showcase business ideas. Participating businesses can win a private meeting with leading Venture capitalists, along with premium versions of Microsoft Office 2007 ($600+ value) and a cash award.
For more information, click here.
Governor Rendell Builds A Better Future February 9, 2009
Posted by megan in BABC, Events, Public Policy.add a comment
The British American Business Council will honor Pennsylvania Governor, Ed Rendell for his commitment to enhancing the region’s transatlantic connection on Tuesday, March 24 at the Union League of Philadelphia.
The “Building a Better Future” Award is presented to a member of the Greater Philadelphia community who is devoted to expanding business internationally and in the US. Governor Rendell has made unprecedented investments in key industries, powering the future of the global economy, and has developed more cross-border projects than any other state.
With over 1,400 foreign companies investing in the Commonwealth, Pennsylvania is America’s fastest growing state in international business development. Thanks Governor Rendell!
Join the British American Business Council for lunch to celebrate and recognize Governor Rendell for his many contributions to the Keystone State.
For more information, click here.
This Week at the Chamber February 9, 2009
Posted by megan in Events, Michael Nutter, VETWORK.add a comment
- Mayoral Luncheon at the Philadelphia Marriott Downtown 2/10
- New Castle County Breakfast at the Waterfall Banquet & Conference Center in Claymont, DE 2/11
- Supplier Network VETWORK Workshop at the Chamber 2/12
For more information on all upcoming events, visit the Chamber’s event calendar.
Building Brands without Breaking the Bank February 6, 2009
Posted by megan in Member Submitted, Networking, Professional Development.add a comment
Submitted by Nicole Newman, President & CEO, Newman Networks
Thank you so much for Building Brands Without Breaking the Bank Workshop. Jack Asher, Bruce Lev and Michael Holahan educated my business on best practices to grow my company without breaking the bank. Jack from Asher’s Chocolates cross promotes his products with Michael from PA General Store. This is an idea I truly support throughout the DiversePhilly Network. Michael talked about the importance of staying true to your mission and not trying to copy someone else’s product while Bruce from LevLane said the mantra I will continue to use in my network “Brand from the inside out.” (more…)
More A Conversation with the Governor February 4, 2009
Posted by megan in Events, Photos, Public Policy, Video.add a comment
Photos from A Conversation with the Governor are up. Click here to view them.
Also, you can watch the whole event on WHYY’s website.
