Wednesday Webinar at one: Do bull markets die of old age? (Fully Booked)
Wed 18 Jul 18 at WEBINAR, Link will be emailed closer to the time

Over time, US stock-market performance obeys a regularity that could be called punctuated equilibrium. Normal volatility is equilibrium volatility, not to be confused with historically average volatility, which is substantially higher.

David Ranson, president and director of research at HCWE & Co will discuss how in the past century, the longevity of a bull market has averaged about four years, but how it can range widely from less than a year to more than ten years. Bull markets, young or old, have roughly the same ex-post life expectancy.

This webinar will especially appeal to portfolio managers and asset managers.

David Ranson
President and Director of Research, HCWE & Co

David Ranson, is President and Director of Research at HCWE & Co, an independent investment research firm now located in Portland, Oregon. This was originally, known as Wainwright Economics, and became an independent operation in 1978 and has since been renamed HCWE.

Prior to becoming a general partner of H.C. Wainwright, David joined Director George P. Shultz’s personal staff at the Office of Management and Budget and served as an assistant to then Treasury Secretary William E. Simon. He taught economics at the University of Chicago Graduate School of Business. He is also a Fellow of the Institute for Applied Economics, Global Health and Business Enterprise at Johns Hopkins University in Baltimore. David holds M.A and B.Sc degrees from Queen’s College, Oxford, an M.B.A in finance and a Ph.D in business economics from the University of Chicago.

When and where?

Wednesday 18 July 18

Registration: 12:55
Event: 13:00 - 13:40

WEBINAR, Online, Link will be emailed closer to the time
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Member - ££0
Non-member - ££20

This is eligible for 0.75 CPD hours