Alan Howard
Showing 1–2 of 2 transcripts.
- Milken Institute1h 11m
The Return of Volatility: Canary in the Coal Mine?
Mike Cloughton, Jillian Tett, Alex Friedman, Josh Friedman, Josh Harris, Alan Howard, Kerry Laidrock
Following a panel discussion on market structure, liquidity, and monetary policy, financial experts warn that structural imbalances created by post-2008 regulations and shifting market-maker functions are setting the stage for a structural 10% market pullback within the next four to six months. While the Federal Reserve is expected to delay rate hikes until 2016 due to dovish constraints, investors are advised to bypass overvalued liquid assets in favor of unrated credit, European cyclicals, and Japanese equities to capitalize on mispriced opportunities. The consensus identifies a fundamental market reset as inevitable as central bank support wanes, urging a strategic shift toward unquoted assets and sectors benefiting from geopolitical and commodity shifts to navigate the upcoming volatility.
- Milken Institute1h 12m
The Global Economy: Hoping for Momentum amid Tepid Times
Skip Reimer, Jim McCoggan, Terry Duffy, Alex Friedman, Joshua Harris, Alan Howard, Min Zhu
The 17th annual Milken Institute Global Conference convened 650 speakers, including Jim McCoggan, Joshua Harris, and IMF Deputy Managing Director Min Zhu, to analyze diverging global monetary policies and tepid economic growth. Panelists debated U.S. GDP forecasts of 2.7% to 3% against risks from elevated valuations and potential recession, while highlighting Europe's banking deleveraging and emerging market vulnerabilities driven by China's credit boom. The discussion concluded with warnings that geopolitical tail events from the Russia-Ukraine crisis and regulatory fragmentation could disrupt market stability despite current low volatility.