Linda Duessel, CFA, CPA, CFP®
Session Title: Modern Monetary Theory—How It Became Policy
Overview:
The presentation looks at the fallout from an election which divided the nation, in the midst of a Covid-induced economic shock. Unprecedented monetary and fiscal stimulus combined with a Democratic sweep has had major policy implications. The presentation dives into haves vs have nots in many corners: corona/social distancing, economic recovery, corporate earnings, Americans’ finances. Exacerbated by corona job/small business losses, income inequality came front and center. Massive government stimulus is fueling a growing debt bubble, with more spending proposed, despite a much stronger-than-expected recovery. Is hyperinflation in sight? And how does all this debt affect long-term growth? Has Modern Monetary Theory become Policy? Is it a good idea? You need only answer one question—do you trust politicians to rein it all in when inflation does become a problem.
Session Title: Cryptocurrencies Demystified
Overview:
Bitcoin has been around since 2008, but its price, size in the market, and transaction volume has exploded in just the last few years. Most investors are aware of its existence, but they know very little else. Interest grew rapidly since 2019, as several major public companies lent it credibility by allowing for payment in Bitcoin, as well as holding it as an investment on their balance sheets.
Increasingly, investors and their advisors are asking whether Bitcoin should be held in portfolios. First, we must demystify cryptocurrencies. The blockchain has been called one of the most disruptive innovations since the advent of the internet. The presentation explains the concept, and many others that are important to understand, as well as opportunities and risks in cryptocurrencies in general, and Bitcoin in particular. Check out this timely presentation.
About Linda
As senior equity strategist, Linda Duessel is part of the team responsible for formulating Federated Hermes’ views about various equity market conditions and the firm’s positioning strategies. She is also responsible for articulating the strategy, process, positioning and performance of Federated Hermes’ equity portfolios.
Linda has been a regular contributor to CNBC’s “Closing Bell” and other programs. In addition, she has appeared on Fox News “Your World With Neil Cavuto” and Bloomberg Television. Linda has also been extensively quoted by Associated Press, The Wall Street Journal and Barron’s and has been featured in the annual roundtables for USA Today and Smart Money Magazine. Linda also discusses personal finance with investor groups across the country on topics of interest ranging from the impact of the alternative minimum tax to investing for retirement. She has more than 35 years of investment experience.
Linda earned her master’s degree from Carnegie Mellon University and bachelor’s degree from Wharton School of the University of Pennsylvania. Linda is a CFA® charterholder, CPA and a CFP® professional.