Peter Switzer, Switzer Financial Group & SkyNews Presenter
- 18 November 2016 12:00 AM
- Four Points by Sheraton Hotel, Sydney
The US presidential elections have come and gone, and the world finally exhaled and decided that the sky hasn’t fallen. No other event has caused so much feverish speculation and angst in recent history as much as the titanic clash between Hilary Clinton and the now President-elect Donald Trump.
Highly respected economist and celebrity commentator and writer Peter Switzer untangled some of the mystery around the political and economic repercussions after the apocalypse. Switzer was clearly in his element, the engaging lecturer of Applied Macroeconomics delving into the complex factors that ultimately affect the world markets. The moral of the story is that there seem to be just as many positives as there are negatives depending on which side of the wall one happens to be standing. And, as many beleaguered incumbent leaders know only too well, there will also be many factors working against them that are completely out of their hands.
For Australia, the economic outlook looks fairly good with unemployment rates falling, new jobs being created, interest rates at a record low, our growth keeping its upward trajectory, our debts among the lowest in the world and our superannuation yielding good returns.
For the rest of us, the world will keep on spinning. In case we miss anything along the way, there will always be people like Peter Switzer is there to unravel the code for us.
Leaders will come and go – those who speak TRUTH most eloquently will always get our vote.