Paul Jackson and Steve Lennon spoke on why capitalism might be in for a bit of adjustment on the 9 November CPD event in Exeter and gave excellent speeches.
Following Carney's suggestion that capitalism may lead to instability due to wage inequality and Adair Turner's earlier analysis that competitive capitalism can drive the market in an 'unstable condition', Paul Jackson spoke clearly about the signs that there were risks in the market, and Steve Lennon from Parmenion worked through some solutions that asset managers might employ now.
Paul Jackson's slides are
here.
Where both speakers provided valuable research and spoke effortlessly and well, they stopped short of offered specific suggestions as to which sectors might perform better than others during an extended period of no real growth in developed markets, and we'll return to this topic in later CPD events.