Pandemic Selling
DISCUSSION - 20' presentation and 10' Q&A
Following an unprecedented eleven year run, our current bull market has yielded to the pressure from a worldwide pandemic. This is not to surrender any expectations for eventual gains or recovery going forward, but it is to face the reality that the challenges we currently face are no longer modest in nature. Market participants, perhaps blinded to risk itself after the outstanding results of 2019, have been caught in the crossfire of an unexpected virus, an oil war, and a growing sense of geopolitical angst that has finally pierced the vaunted armor of a highly valued equity market built upon global trade, consumer spending, high levels of employment, along with low interest rates.
SPEAKERS
Wade Balliet, Chartered Financial Analyst
HEAD OF GLOBAL INVESTMENTS AND FIDUCIARY SOLUTIONS, EVP@ BANK OF THE WEST, BNP PARIBAS WEALTH MANAGEMENT
Wade brings over 20 years of experience in the investment and Trust business. As Executive Vice President and Chief Investment Advisor for the Bank of the West Wealth Management Group, Wade oversees the Global Investment Management and Fiduciary Solutions. He is a member of the International Asset Allocation Committee and the BNP Paribas Equity Committee, where he represents U.S. perspectives and tactical investment insights.
Ben Baier,
LEAD INVESTMENT OFFICER, SVP@ BANK OF THE WEST, BNP PARIBAS WEALTH MANAGEMENT
Ben, is the Lead Investment Officer and chairman of the Investment Strategy and Advisory Team, the senior-level committee that approves final decisions relating to all aspects of the investment processes and procedures. Mr. Baier has been with the Bank for over 15 years previously serving as the Head of Asset Allocation and Market Strategy and a Senior Portfolio Manager within the group.