Isaiah Breakfast Program  

Isaiah Breakfast Program

Sunday, December 4, 2016 9:15 AM   -   10:45 PM
Location: Social Hall, Meeting Room

Dr. Allen Sinai Speaks on the U.S. Economy

"After the Election and Before the New Year!
A Good Economy but a Bad Mood; Which will Win Out?

Sinai_picIn what has been a bizarre political year leading up to the 2016 Election, the U.S. economy has performed reasonably well, with the economic expansion, although hesitating at times, looking “good-to-go” going forward.

But, despite good economic statistics, a big rise in median disposable income last year and a relatively low unemployment rate, the mood of the American people has been bad, indeed ugly, reflecting a bunch of unhappy campers, and huge dissatisfaction – clearly registered in the 2016 Election Year and in polls on how Americans feel about the future.

This “Disconnect” – between the “Good” economy and the “Bad” mood – “Love” vs. “Hate – is perhaps the most pronounced in American history, not at all indicated by the economy’s performance, understood by many Americans nor by Washington and the Establishment.

  • Why the “Disconnect”? Is it “real”?
  • What are the prospects for the U.S. economy in the year(s) ahead? The “Good” and the “Bad”?
  • How long can the current business Expansion last? It already is well over seven years long and the third longest in modern history.
  • What policies can be expected from the new President and the Congress? With what impacts?
  • What next for the Federal Reserve and interest rates? Can the long Bull Equity Market keep going?
  • What could go wrong with a scenario of continuing expansion, decent economic growth, low unemployment, and an improved well-being of Americans?
  • Where, bottom-line, will the “Disconnect” between the economic statistics and the downbeat mood of America end up? Will it be the “Good,” “Bad,” or “Ugly”?

These questions provide the basis for Allen Sinai’s annual talk. Allen has been speaking at the Brotherhood Breakfast for almost 40 years. Dr. Sinai is President and Chief Global Economist of Decision Economics, Inc. (DE), established in 1996, a U.S. and Global economic and financial markets information and advisory firm located in New York, London and Boston. Known for his forecast accuracy and pioneering use of a National Economic Information and Financial Systems (NEIFS) approach to forecasting and identification of “Big Wave” trends in the U.S. and the world, Allen Sinai brings to his work a unique blend of academic research and structural econometric models, experience working and participating in financial markets and financial institutions, involvement in Washington and other centers of policymaking, business and investment experience. Over many decades, independent and nonpartisan, he has advised policymakers in Washington and around the world on the economy, policy, and strategy.

This talk is sponsored by Brotherhood and includes a delicious buffet breakfast of assorted bagels, smoked salmon, pickled herring, whitefish salad, tabouli, desserts and more. Breakfast begins at 9:15 a.m. and the presentation runs from 9:45 a.m. - 10:45 a.m. Admission is $10; free to Brotherhood members. For further information, email brotherhood@templeisaiah.net.