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As we look ahead to 2020 and look behind at 2019, what key trends should be considered and what market signals will be important to watch?
While we can't see into the future, one thing we can predict is that uncertainty in the markets is here to stay. This year's Economic Forecast addressed topics such as trade risk, slower global growth, consumer spending, and the status of corporate America at both the state and national level.
The Metro Denver EDC's economic expert, Patty Silverstein, and LPL's Senior Market Strategist Ryan Detrick, shared information on how you can take advantage of current economic data and trends to make informed decisions about the year ahead.
Attendees of the Economic Forecast walked away from this year's event with:
For additional information, or to view video segments from this year's event, please click on the links below:
|View the Full Event Webcast Recording|
|Bruce Alexander's Post Event Interview|
|Ryan Detrick's Post Event Interview|
|Patricia Silverstein’s Post Event Interview|
|Post Event Interview - Bruce, Ryan and Patricia answer the question: What are the three most important things businesses should do this year?|
|Post Event Interview - Ryan and Patricia answer the question: What are we taking for granted in today's economy? Is there a key indicator that we should be paying more attention to?|
Patricia Silverstein is the president of Development Research Partners, a Jefferson County, Colorado–based real estate analysis and economic development research company founded in 1994. Ms. Silverstein’s expertise is in economic research and economic development, including industry cluster studies and strategic economic development planning. She has extensive experience in preparing economic impact and fiscal impact analysis for community development purposes. In addition, she serves as the consulting chief economist for the Metro Denver Economic Development Corp. and the Denver Metro Chamber of Commerce. In these roles, she compiles, interprets, and forecasts economic and demographic data for the Denver metropolitan area and performs in-depth research on issues and proposed developments impacting the region.
Ms. Silverstein received a bachelor’s degree in economics from Nebraska Wesleyan University in Lincoln, Nebraska and a master’s degree in economics from the University of Colorado at Boulder.
Ms. Silverstein is active in a number of business and professional organizations, including chair of the manufacturing committee of the University of Colorado Business Economic Outlook Forum, and member of the Governor’s Revenue Estimating Advisory Committee, the Council for Community and Economic Research (C2ER), the Economic Development Council of Colorado, and the Denver Association of Business Economists.
As Vice President, Senior Market Strategist, Ryan Detrick is a member of the LPL Financial Research tactical asset allocation committee, responsible for directly impacting the portfolio decision-making process, as well as a member of the market insights team, developing and articulating equity and general market strategy. In this role, he is a frequent presenter to clients, industry peers, and the national media on emerging and developing market trends.
Prior to joining LPL Financial, Mr. Detrick was building his market knowledge and solid analytical skills. He was a senior portfolio manager at Haberer Registered Investment Advisor (RIA), managing sector asset allocation and strategy for high-net-worth client portfolios. Earlier in his career, he spent over a decade at Schaeffer's Investment Research. His research and market analysis utilized technical, fundamental, and sentiment methodologies, with a focus on market expectations and advanced options strategies. During his tenure there he was the company's primary spokesperson and was widely quoted in national media outlets, including appearances on business television and radio programs such as CNBC, Bloomberg TV, and Fox Business.
Mr. Detrick earned his Chartered Market Technician (CMT) designation, a BS in finance from Xavier University, and an MBA from Miami University. He also holds his FINRA Series 7 and 66 through LPL Financial.