California State University Channel Islands

WHAT: “Where Are We Now?” with Dr. Sung Won Sohn
WHEN: 12 – 2 p.m., Friday, Oct. 9, 2009
WHERE: CSU Channel Islands, One University Drive, Camarillo, Malibu Hall 100

The worst economic setback during the post-war period is over. The global economy is recovering and the global financial markets are stabilizing. Despite the improved outlook, there are concerns on both economic and financial fronts. There is the risk of a double-dip recession as well as renewed inflation. The funding in the economic stimulus programs will be gradually phased out. The central banks will begin to mop up excess liquidity and start raising the interest rate. The global trade won't be as robust as it used to be. How real are these risks? How will the U.S. economy fare? How will the financial markets including the stock and bond markets respond? Renowned economist, Dr. Sung Won Sohn, will present his analysis.

Sohn is a Professor at the Martin V. Smith School of Business & Economics at CSU Channel Islands. He is regularly quoted by national and global media outlets. Prior to arriving at the University, Sohn was the Chief Executive Officer of Hanmi Financial Corporation, a commercial bank with $4 billion in assets. Before joining Hanmi in 2005, Sohn was Executive Vice President and Chief Economic Officer of Wells Fargo Banks for more than 30 years. He served on the President’s Council of Economic Advisors at The White House during the Ford-Nixon Administration.