On Tuesday 25th of January, Jim Power and Chris Johns joined us to host “The new normal is already here. Get used to it.The era of predictable unpredictability is not going away”
The global economic and political environment has rarely looked so uncertain and unpredictable. Covid-19 is still exerting an inordinate impact on our lives; central bankers are caught in an unenviable dilemma in the shape of rapidly escalating inflation and Covid-related uncertainty – something will have to give, probably interest rates; Brexit continues to rumble on; and the global geopolitical landscape has rarely looked as threatening, with the US in particular looking particularly perilous.
2022 promises to be an incredibly uncertain year and Irish business would be advised to expect and prepare for the unexpected.
Chris and Jim will look at all of these issues and others in the context of the Irish economy, and Irish society.
Jim Power is owner manager of Jim Power Economics Limited, an economic and financial consultancy, which he set up in 2009. He is a board member of Love Irish Food and was Chairman of Three Rock Capital Management, an investment company, until it was purchased by Julius Baer in January 2020. He is a member of the Institute of Directors in Ireland and is an economic consultant to Aviva Ireland.
He is a graduate of UCD and holds a BA and a Master of Economic Science Degree. He lectures part-time on the MSc Management and the MBA at Smurfit School of Business, UCD. He is a native of Waterford.
Chris has worked in financial services, mostly asset management and investment banking. He was CEO and CIO (Chief Investment Officer) at Bank of Ireland Asset Management. He also worked as an economist in the UK Treasury, the National Institute of Economic & Social Research and UBS Philips & Drew in London, whilst also teaching economics in London and Cambridge Universities.
He is currently Chairman (non executive) of Smith & Williamson Investment Management Europe and a member of the Acuvest Investment Committee.
They are both also responsible for the very successful podcast, “The Other Hand”.