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January 17, 2008

Looking at the Markets in 2008: A view from Canary Wharf. Blue sky or grey clouds ahead?


British Swiss Chamber of Commerce luncheon at the Hôtel Beau Rivage in Geneva addressed by Mr Henk Potts, Equity Strategist, Barclays Wealth Management,


Who can tell whether 2008 will be the beginning of the end or the end of the beginning of the uncertainties in the world’s financial markets? Well, one person who is better informed than most is our guest speaker, Henk Potts.

Will economic uncertainties continue throughout the New Year? Is the widening effect of the sub-prime crisis in the U.S. due to “snooty bankers and financiers” unable to cope with the complexities of the products in which they were investing, as someone said recently? Or are the markets merely responding to a Newtonian principle?

With growing inflation in the Eurozone, a looming economic slowdown and flat consumer spending in the U.S., plus the seemingly unstoppable acceleration of India’s and China’s globalized economies, how nervous – or optimistic - should we all be feeling as we start the year of the Beijing Olympics? There could not be a better complement to a start-of-year business lunch menu in Geneva than enjoying the bonhomie of the BSCC generously served up with the astute analysis and relaxed wit of our guest speaker from Canary Wharf.



Kindly sponsored by Barclays Bank (Suisse) SA, Coutts Bank von Ernst Ltd, Lloyds TSB Bank Plc, PricewaterhouseCoopers AG and Withers LLP

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