Outlook for Equity Investments 2006
Finance Roundtable and Chicago GSB Chicago Alumni Club
January 12, 5:30 PM - 8:30 PM
Review of the economy and equity markets in 2005, the outlook for equity investments in 2006 and award presentation for 2005 Pro-Am Investment Challenge. Our program will include a presentation from each speaker, followed by a moderated question-and-answer session with the audience. We will conclude with the awarding of prizes for the best performance in the 2005 Pro-Am Investment Challenge. Learn more.
Michael H. Moskow
5:30 p.m. - 6:00 p.m. : Networking and Sponsor Table Review
You need not be a graduate of the University of Chicago GSB to attend, although program content is at MBA level. Guests are welcome; the courtesy of a pre-registration is appreciated.
Our presenters will review the economy and equity markets for 2005. Our equity market professionals will provide their perspective on the outlook for equity investments in 2006. We'll begin our program with a keynote presentation by Michael Moskow, President and Chief Executive Officer with the Federal Reserve Bank of Chicago. Our panel of investment experts will present a market outlook and offer suggestions for stock market investors in 2005. Panelists include Peter Wall, Chief Investment Officer, JP Morgan Private Client Services.We also will present awards to the winners of the 2005 Pro-Am Investment Challenge.
At this meeting, you'll have an opportunity to enter the 2006 Pro-Am Investment Challenge, a unique 12-month event that challenges professional and amateur investors to generate the greatest total return for a hypothetical investment portfolio. This annual stock-picking contest is open to GSB alumni, Finance Roundtable attendees and faculty members of the University of Chicago.
Chicago-area GSB alumni will compete individually for prizes and bragging rights while the Chicago GSB Club competes against GSB Clubs worldwide to reclaim the coveted Silver Trophy. (Non-alumni are unfortunately not eligible for prizes.) The Grand Prize is a Gift Certificate for $150 to the Midway Club. Second Prize is a One-Year Subscription to Morningstar's Premium Web Service. To enter, please download the complete Contest Rules and official Entry Form.
Michael H. Moskow
Michael H. Moskow took office on September 1, 1994, as the eighth president and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee, the Federal Reserve System's most important monetary policymaking body. Mr. Moskow began his career teaching economics, labor relations, and management at Temple University, Lafayette College, and Drexel University. From 1969 to 1977, he held senior positions with the U.S. government, including under secretary of labor at the U.S. Department of Labor, director of the Council on Wage and Price Stability, assistant secretary for policy development and research at the U.S. Department of Housing and Urban Development, and senior staff economist with the Council of Economic Advisers.
In 1977, Mr. Moskow joined the private sector at Esmark, Inc. in Chicago and later held senior management positions at Northwest Industries, Dart and Kraft, Inc., and Premark International, Inc., a spin-off from Dart and Kraft. In 1991, President Bush appointed Mr. Moskow Deputy United States Trade Representative, with the rank of Ambassador. He was responsible for trade negotiations with Japan, China, and Southeast Asian countries as well as industries such as steel, semiconductors, and aircraft. Mr. Moskow returned to academia in 1993, joining the faculty of the J.L. Kellogg Graduate School of Management at Northwestern University, where he was professor of strategy and international management at the time of his appointment as president of the Chicago Reserve Bank.
Mr. Moskow is active in numerous professional and civic organizations. He is the chairman of the National Bureau of Economic Research, vice chairman of the Chicago Council on Foreign Relations, and the former chairman of The Economic Club of Chicago. He also serves as a director of the Council on Foreign Relations in New York City, the Northwestern Memorial Foundation, World Business Chicago, and the Chicagoland Chamber of Commerce. He is a member of the Civic Committee of The Commercial Club of Chicago, a fellow of the National Academy of Public Administration, and a member of the Governing Board of the Illinois Council on Economic Education.
Mr. Moskow received an A.B. in economics from Lafayette College in Easton, Pennsylvania, in 1959, and a Ph.D. in business and applied economics from the University of Pennsylvania in 1965. In addition to being a trustee of Lafayette College, Mr. Moskow is a member of the Advisory Board to the Kellogg School of Management at Northwestern University. He is also a member of the Visiting Committee of the Irving B. Harris Graduate School of Public Policy Studies at the University of Chicago.
In his role as the Chief Investment Officer for JP Morgan Private Client Services, Mr. Wall oversees investment policy and determines investment strategy and portfolio construction for the Private Client Services and Retail Investment Services segments within JP Morgan Chase. He has been a frequent commentator in many national and local media outlets including CNBC, PBS, CNNfn, Bloomberg TV, The New York Times, and The Wall Street Journal. Mr. Wall has Series 7, 24, and 65 security licenses.
Mr. Wall holds an undergraduate degree in Business Administration from Rutgers College, an MBA in Finance from Fordham University, and an Advanced Professional Certificate in Investment Finance from New York University's Stern School of Business.