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The U.S.: The Newest Emerging Economy of All?
USFSM College of Business presents “The Global Economic Outlook” featuring Bernard Baumohl, chief global economist, The Economic Outlook Group.
Rarely has there been so much uncertainty about the outlook for the U.S. and international economy. While American consumers and businesses are ramping up spending, job creation continues to be uninspiring and Washington seems no closer to addressing the debt crisis. Overseas, Europe still struggles to emerge from recession and many emerging economies, like China, are facing new hardships. Looming over all are rising geopolitical tensions around the globe that threaten to imperil economic progress. Given this perspective, it’s hard to be cheerful about the future. But are conditions really so bleak? Not at all. While the risk of a geopolitical eruption always exists, the global economy is actually on the mend and setting the stage for more robust growth ahead. Leading the charge will be the newest emerging country of all--the United States!
About the Speaker
Bernard Baumohl: Chief Global Economist, Economic Outlook Group
Mr. Baumohl is well known for being ahead of the curve in assessing the direction of the U.S. and world economy. He began his career as an analyst with the Council on Foreign Relations-a think tank specializing in international relations and national security-and later served as an economist at European American Bank with responsibilities to monitor the global economy and develop forecasts. Mr. Baumohl was also an award-winning economics reporter with TIME magazine who covered the White House, Federal Reserve and Wall Street.