Post-COVID Inflation and Federal Reserve Policy
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This two-credit elective course provides unique perspective on the post-COVID-19 inflation and the Federal Reserve’s aggressive monetary response by recounting multiple comparable events in U.S. history. Investment professionals gain new insight into the potential monetary policy response of the Federal Reserve, and its likely impact over the coming year. Both classes are offered on-demand for those who cannot attend the live classes.
Class #1: COVID-19 Financial Crisis and the Value of Financial History (60 Minutes)
This class explains the fundamental dynamics of the COVID-19 financial crisis by comparing it to similar events that occurred during and after World War I and the Great Influenza from 1914 to 1921. Attendees will develop a deeper understanding of the underlying drivers of the COVID-19 financial crisis, including the recent spike of inflation. The class also explains potential benefits to practitioners, who study financial history. Highlights include:
Class #2: The Four Phases of the COVID-19 Financial Crisis and Implications for the Future (60 Minutes)
This class explains the COVID-19 financial crisis by breaking it down into four distinct phases: (1) Panic, (2) Emergency Response, (3) Side Effects of Inflation and Speculation, and (4) the Clean Up Phase. The class draws insights from multiple historic events, such as the outbreak of World War I in July 1914, onset of the Great Inflation in the late 1960s, the Dot-Com bubble in the late 1990s, and the 2008/2009 Global Financial Crisis. The class concludes with a discussion of several key lessons from history, which provide greater clarity on the potential effects of Fed policy on the global economy and markets. Class 2 explains several long-forgotten financial events that explain the various phases of the COVID-19 financial crisis from its onset in March 2000 to the present day. Key historical events discussed include: |
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Learning objectives and highlights of this course include:
• Fundamental dynamics of sudden stop financial panics
• Fundamental drivers of post-war/pandemic inflation
• Principles of monetary policy in a financial crisis
• Common side effects of monetary and fiscal policies during major financial crises
• Key drivers of Federal Reserve thought process in 2022
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Who should attend: |
Institutional Investment Plan Trustees Institutional Investment Consultants Investment Advisors Financial Planners Wealth Managers Financial Analysts Securities and Research Analysts |
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Mark J. Higgins, CFA, CFP®
Mark is a former institutional investment consultant and financial historian. His classes draw from his upcoming book, Becoming An Enlightened Investor. Prior to founding The Enlightened Investor, LLC, Mark served as a senior investment consultant for more than 12 years. In this role, he advised the trustees of large pension plans, foundations, endowments, and insurance reserves with aggregate assets of more than $60 billion. He discovered that understanding financial history proved much more valuable than tracking the latest economic data. He also discovered that there was no single book that recounted the full financial history of the United States. Becoming an Enlightened Investor seeks to fill this void. The insights are intended to help investors contextualize current events and thereby improve their investment decisions. The book will be published and distributed by the Greenleaf Book Group and will be available for purchase online and in bookstores in the Fall of 2023
INCLUDED WITH COURSE
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FINRA-REVIEWED |
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| PANDEMIC FINANCIAL HISTORY | |
| CLIENT COMMUNICATIONS PACK | |
 2 Articles |
 Presentation |
 2 Videos |
 FINRA Review |
