Global Financial Markets Institute»Macroeconomics, Central Banks, and Their Impact on Asset Values

Macroeconomics, Central Banks, and Their Impact on Asset Values

Traditional factors impacting the values of financial assets include various economic variables as well as monetary and fiscal policy. This course examines both the traditional forces and ‘macro’ trends currently in the marketplace. The Federal Reserve’s extraordinary steps during the credit crisis and the state of quantitative easing are explored. How will the record US budget deficits influence global asset valuation? Why has the 30-year risk free interest rate been trading at higher levels than the corresponding interest rate swap yield? These and other current issues will be examined.

Course Objectives

By the end of the course, participants will be able to:

  • Define macroeconomics and fiscal policy and how they influence global capital markets
  • Identify how monetary and fiscal policy influence inflation and interest rates
  • Establish why inflation and interest rate levels are key to macroeconomics and growthMacroeconomics Course, Central Banks and Their Impact on Fixed Income Prices
  • Determine why economic developments are important to global financial markets
  • Identify key economic indicators that impact inflation and asset price levels
  • Discuss and evaluate the current economic environment with regard to market prices

Suggested Prerequisites: None

Program Level:Foundational

Advance Preparation: None

Computers and Financial Calculators: N/A

Recommended CPE Credits: 7