Join us for a conversation with Thomas Peterffy, chairman and founder of Interactive Brokers Group Inc., a global electronic brokerage firm with a market capitalization of more than $30 billion. Peterffy will be interviewed by CNBC senior markets correspondent Bob Pisani.
Join us for an evening panel discussion with Gunjan Banati, chief risk officer and managing director at Royce Investment Partners, and Dianne McKeever, chief investment officer and co-founder of Ides Capital Management LP.
With roots dating back to the 1800s, Brown Brothers Harriman & Co. is the oldest and one of the largest private investment banks in the United States. Its influence on the early American economy helped navigate the country through financial turbulence by fueling the cotton trade and the steamship and railroad industries.
Investors in the Italian Renaissance could have predicted today’s low interest rates, according to Paul Schmelzing, Ph.D., who dove deeply into American and European economic archives to research real interest rate dynamics.
Today’s interest rates can be as low as 3%, but in the 1970s, Americans were paying 17% just to borrow money. In 1982, Henry Kaufman, then managing director of Salomon Brothers Inc., issued a memorandum predicting that interest rates would plummet, and bond prices would soar. What happened next was the biggest economic uptick since World War II.
In a Gabelli School Virtual Centennial Speaker Series event sponsored by the Gabelli Center for Global Security Analysis, the CFA Society New York, and the Museum of American Finance, Cohen shared highlights of his storied career and his passion for financial history. He was joined by CNBC Senior Markets Correspondent Bob Pisani.