Media Advisory-TODAY-U.S. Fiscal Cliff: BMO Experts Host Conference
Call to Discuss Outlook
On December 12th BMO's Jack Ablin, Scott Graham and Paul Taylor will
discuss potential resolutions along with market and economic
TORONTO, ONTARIO and CHICAGO, ILLINOIS -- (Marketwire) -- 12/12/12 --
The December 31st deadline draws nearer, yet the U.S. Government has
yet to reach a resolution on how to address the looming "fiscal
While many Republicans and Democrats remain optimistic that a deal
can be reached, common ground is elusive and time is running out.
Some in the market believe that the situation may go unresolved into
the New Year, triggering a series of tax increases and government
spending cuts that could affect the recovery of the U.S. economy.
Join investment experts from BMO Financial Group as they share their
outlook on the "fiscal cliff" and discuss the potential market and
economic implications for Canada and the U.S.
Topics to be discussed include:
-- Outlook: What potential resolutions are available to U.S. lawmakers?
What is the likelihood a compromise will be reached in time?
-- Sectors & the Markets: How are markets currently reacting to the lack of
agreement by both parties? What will the impact be on equity and fixed
-- Taxes & Fiscal Policy: Should the Budget Control Act of 2011 come into
effect, how will the new tax structure and fiscal reforms impact the
economy? Will it trigger a second recession?
-- Canada: How is the Canadian market reacting? What will this mean for the
economy and trade?
-- Currencies: Depending on the outcome, how will global currency markets
react? What will happen with the value of the U.S. dollar?
-- Strategy: What strategies should investors adopt to protect themselves?
Jack Ablin, Chief Investment Officer, BMO Private Bank (Chicago)
Paul Taylor, Chief Investment Officer, Fundamental Equities, BMO Asset
Management Inc. (Toronto)
Scott Graham, Head of Government Bond Trading, BMO Capital Markets (Chicago)
December 12th at 9:30 a.m. ET
Media are invited to participate through conference call: 416-695-6277 /
Participant Passcode: 1720600
Rachael McKay, Toronto
Jim Kappel, Chicago
Martha McInnis, New York City
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