Strategic Investment Conference May 11–21, 2020
The COVID-19 crisis has left us in an unfamiliar landscape, searching for answers. More than 40 prominent experts in economics, finance, and politics participated in a virtual conference to provide those answers.
40+ world-class presenters and panelists, including Leon Cooperman, Ian Bremmer, Peter Diamandis, Neil Howe, Doug Kass, Niall Ferguson, Matt Ridley, David McWilliams, and Jeff Saut
35+ hours of gripping presentations and virtual panel discussions: What are the economic and (geo)political challenges we’ll face in 2020, 2021, and beyond? And what profit opportunities will arise from the crisis?
Your Virtual SIC 2020 Pass gives you videos and MP3s of the entire conference so you can watch and listen at your leisure—over and over again
Skim the most important facts: No need to take notes—get full transcripts of every presentation.
Graphic knowledge: See the speakers’ charts and images for at-a-glance information on key trends and data.
“As a first-time attendee, I would rate Day 1 as excellent, much of it superb. As to the technology: This feels like the future. This is how we will do things from now on. ... Kudos on a fine start and great show!"
—Paul V., Virtual SIC 2020 attendee, on May 12
Future generations may look back on the COVID-19 pandemic and its global economic impact as one of the greatest global disasters of our time.
They may also know where we went wrong, what we did right, and how we could have handled the situation better.
At the moment, we don’t have the benefit of 20/20 hindsight yet. We are still in the midst of the crisis. Confusion reigns, and the need for clarity is paramount.
That’s why we asked for answers from world-class experts with the knowledge to shed light on the most pressing issues:
How deep a shock is the current recession going to be, and what does the recovery look like in the near term?
What is the longer-term fallout on the economy, the markets, and society?
What profit opportunities will emerge from the rubble, and how do we seize them?
This conference was not about hunkering down... it was about getting a realistic picture of the carnage and then finding the bright spots and moving forward.
Order your Virtual SIC 2020 Pass today and don’t miss a minute of what this year’s attendees have called “the best SIC ever”—because it was also the most important one to date.
Watch 35+ hours of online presentations and panel discussions from the comfort of your home and on any device... your laptop, tablet, or smartphone.
See our world-class faculty—including big names like Leon Cooperman, Niall Ferguson, Matt Ridley, Neil Howe, Jeff Saut, Barry Ritholtz, Ian Bremmer, Doug Kass, Felix Zulauf, and many more—present valuable data and analysis. (Click here for the full faculty list.)
As a Virtual SIC 2020 Pass holder, you’ll have access to professionally prepared videos and MP3 files, plus full transcripts and the complete slide shows our speakers used.
The middle of a crisis is not a comfortable place to be. Don’t miss the opportunity to get expert guidance on what to expect, how to protect your assets, and how to prosper in the months and years ahead.
A pandemic is one of the truly unpredictable trigger events for a major crisis. (Although, as you’ll see below, one man actually did predict it.)
And the aftermath is no less uncertain.
As Mark Grant, chief global strategist at B. Riley FBR and regular Mauldin Economics contributor, recently wrote:
We are peering into the void, of the great unknown, and trying to make sense of an array of data that doesn’t fit any economic models, because we have never been here before, and we don’t know how to model for economic conditions that have never existed before, in anyone’s lifetimes.
That’s why we enlisted more than 40 world-renowned speakers to share their research on what the future might bring and answer questions such as:
What are the immediate and long-term effects of never-before-seen levels of Fed intervention in the economy and markets... and what are the implications for investors?
Is what the Fed does really the equivalent of the much-maligned Modern Monetary Theory (MMT), as some financial experts say?
Could it lead to rampant inflation or even hyperinflation?
What will sky-high unemployment rates and small-business failures do to the US consumer economy?
Are financial-sector stocks good buys right now?
Have we left Kansas for good —that is, will we have to create new models for economic growth and survival? Is globalization dead?
Will oil make a comeback from the abyss, or is the US and Canadian oil industry doomed? Is this a “buy the dip” or a “lose your shirt” scenario?
This is just a small sample of the burning issues our all-star faculty discussed in five days of presentations and panels, from May 11–21, 2020.
Aside from the solo presentations, we also held six virtual panel sessions featuring foremost experts in their fields:
For better or worse, the Federal Reserve and US Treasury essentially have merged, and the Fed has become the high-yield bond market. What will be the consequences, and is this the equivalent of Modern Monetary Theory? And with this quasi-bailout of Wall Street, who is minding Main Street? The differing opinions of our highly acclaimed economists made for an extremely spirited debate.
How is the way Congress has dealt with the COVID-19 crisis going to affect the outcome of the 2020 election? What will be the likely results? As we approach late fall, both sides of the aisle will try to control the narrative—how will this influence the five major swing states? And what policies will we see enacted after the election? You will hear well-thought-out viewpoints from both sides of the aisle.
Global GDP growth sets the price for every commodity in the world. In the past decade, it has been driven by China, but it looks like that will no longer be the case. John Mauldin believes that we’ll see a “re-globalization.” So what will the new face of globalization look like, and will China still play a central role? Which countries will be the winners and losers in the new trade relationships? Don’t miss this fascinating expert discussion.
Is COVID-19 creating a solvency crisis in Europe? At this point, interest rates are going up and smaller EU countries are coming under a great deal of crunch. The ECB has already refused to bail out Italy in a manner that would leave the country able to function. Will this be the final straw in the dissolution of the European Union? Our panelists gave their views on the unique challenges the EU faces in 2020 and beyond.
Have oil and gas bottomed out? Are they good investments right now? Will oil make a comeback, or are fossil fuels in perpetual decline? What about nuclear power, which could be considered a hybrid between traditional and clean energies? Are solar, wind, and hydro ready for prime time? Our panelists provided their outlooks on the near and medium term.
It is SIC tradition for John Mauldin to wrap up and sum up the conference with a group of faculty members. Topics included: What will the pre-vaccine world look like in the next seven to eight months? And will the vaccine trials and production proceed fast enough? How high of an unemployment rate is the US going to face? How many small (and large) businesses will have disappeared for good? And how will humanity adapt to this “new normal”? We asked faculty members who think and live in the future for their take on the new tomorrow.
To many regular SIC attendees, these dynamic panels are the highlights of every conference.
Here are just a few of the SIC faculty members you’ll encounter with your Virtual SIC 2020 Pass:
Leon Cooperman is chairman and CEO of Omega Advisors, and one of the most successful investors of our lifetime. He is a shining example of the American dream, an active philanthropist, and a passionate defender of capitalism. He recently made the case for company bailouts in the wake of the COVID-19 pandemic in order to avoid a huge surge in unemployment.
Ian Bremmer is president and founder of GZERO Media. He hosts the weekly digital and broadcast show, GZERO World, where he explains the key global stories of the moment, sits down for an in-depth conversation with the newsmakers and thought leaders shaping our world, and takes your questions.
Ian is also the president and founder of GZERO Media's parent company, Eurasia Group, the leading global political risk research and consulting firm.
Peter Diamandis is an engineer, physician, and entrepreneur of outstanding ingenuity. He believes that we’ll see a complete transformation of the healthcare sector following the current crisis, with far greater roles for AI and telehealth.
Neil Howe is the managing director of demography at Hedgeye Risk Management, an independent financial research firm. As a historian and generational researcher, he co-authored the 1997 cult classic, The Fourth Turning, which listed a global pandemic as a possible trigger for a chain of events culminating in a major crisis.
From 2001 to the present, Doug Kass has served as president of Seabreeze Partners Management, Inc.—an investment manager of Seabreeze Partners L.P. (until 2015) and currently a manager of separate accounts.
From 1997 to 2001, Doug was the general partner of Kass Partners, Ltd, a private investment entity.
Here’s the full list of our presenters and panelists in alphabetical order (click on the images of the speakers to read their full bios):
"Keep in mind that this is no FDR New Deal stimulus—when we built the Golden Gate Bridge, the Hoover Dam, the Lincoln Tunnel, and Route 66. This is not fiscal stimulus with any future multiplier impact or payback. It's simply government-assisted life support.”
—David Rosenberg on the government relief programs, May 11, Virtual SIC 2020
“The private savings rate will go up somewhat, as we've already seen some gain in the household sector to 13%. Unfortunately, this will be counterbalanced by a drop in the corporate savings rate. And therefore, we will have net-negative national savings, which is the first time since the 1930s.”
—Dr. Lacy Hunt, May 13, Virtual SIC 2020
"So all in all, we are an extraordinary generation. We have lived through an unprecedented change in human living standards such as no previous generation has experienced. And yet throughout that time, we have told ourselves that it's about to get worse.”
—Matt Ridley, May 11, Virtual SIC 2020
“Before COVID, there was a focus on efficiency. Increasingly, we're going to see a focus on resilience. For governments, that means fund stockpiles, excess capacity, being willing to pay more for having the domestic infrastructure to manufacture. For businesses, greater inventories, optionality, and supply chain... For individuals, perhaps you're going to want to drive your own car instead of taking the metro or you live in a suburb instead of the city. We're all going to be preppers now.”
—Bruce Mehlman, May 11, Virtual SIC 2020
"The Fed is attempting to blow every dam that arises to stop the flow of credit. It has plenty more dynamite.”
—Samuel Rines, Over My Shoulder, April 9, 2020
“But understand this —for good and for bad —the Fed’s balance sheet is headed to north of $7 trillion. That will not mean ‘actively intervening in the market.’ That will make them the market.”
—David L. Bahnsen, Over My Shoulder, March 30, 2020
Ordering your Virtual SIC 2020 Pass today will get you the full SIC experience:
Access to the entire conference, with more than 40 superstar presenters and panelists.
Don’t miss a minute: You’ll get high-quality video and audio files of all 35+ hours of presentations and panels that you can watch at your convenience, from the comfort of your home.
Skim the most important facts: You’ll never have to take notes while watching the SIC. We’ll provide you with full transcripts, so you’ll have all the data at your fingertips.
Graphic knowledge: Many of our speakers use charts and images to illustrate their presentations. You’ll get those too, for at-a-glance information on key trends and data.
Shortly after I order my Virtual SIC 2020 Pass, I’ll receive my login information to the passholders-only page with professionally prepared video and audio recordings, full transcripts, and the slides the faculty used for their presentations.