Global Conference 2011

Indicators suggest that the U.S. economy is gaining momentum. In fact, it may be achieving escape velocity, the crucial point at which the recovery becomes self-sustaining. Consumers, businesses and financiers all appear more confident - they're purchasing goods and services, investing in plants and equipment, and providing financing to fuel the real side of the economy. However, many short-term risks remain: rising oil prices, weak job growth, a double dip in housing markets (with more homeowners underwater), state and local cutbacks, Europe's sovereign debt crisis, and constrained access to credit for small businesses. How quickly should the Fed exit its extraordinary programs? Is the Fed already behind on the inflation curve? How aggressively should we attack the federal deficit this year vs. the medium term? Do we have the will to address entitlement spending? Did financial reform legislation go too far? What might be the unintended consequences?

Moderator

Maria Bartiromo

Anchor, CNBC

Speakers

Ross DeVol

Executive Director, Economic Research, Milken Institute

Andy Stern

Senior Fellow, Georgetown Public Policy Institute; former President, SEIU

Ronald Temple

Managing Director, Portfolio Manager, Lazard Asset Management LLC

Thomas Wilson

Chairman, President and CEO, Allstate; Deputy Chairman, Federal Reserve Bank of Chicago


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