Bus 101-Bruce Johnstone Presentation

Bus 101-Bruce Johnstone Presentation - Nicholas Connolly...

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Nicholas Connolly Bus 101 Dr. Barr 4/14/2009 Bruce Johnstone Presentation Bruce Johnstone is the Managing Director and the Senior Marketing Investment Strategist at Fidelity Investments. Johnstone spoke about the struggling economy in all aspects of the market. He mentioned that on an international level, exports of all countries are down record numbers. GDP’s are down trillions of dollars, which didn’t mean much until he put it into perspective of how much a trillion is. A trillion dollar is the amount of money spent on World War I and II combined, a trip to the moon, all of NASA’s expenses, the Louisiana Purchase, and many more events that have occurred of the last 200 years and even still that doesn’t add up to how much the Federal Reserve has spent. Another major problem with the economy is financial complexity. These brilliant businessmen and women created these complex ways of making money, but they had no idea how to hedge their schemes and also they have no solutions for these serious
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This note was uploaded on 11/15/2011 for the course BUS 101 taught by Professor Rollins during the Fall '08 term at Miami University.

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