Weekly Newsletter 10/30/2016

SAIS International Finance Club Weekly Newsletter – Week of October 30, 2016

Club members, please see information on this week’s recent news and exciting events as well as internship/full-time position deadlines.

-Your SAIS International Finance Club Leadership

Recent Finance News

GDP growth:

The BEA announced the annual growth of the real GDP to be 2.9 percent for the 3rd quarter. In the second quarter GDP growth was 1.4 percent.

Growth driven by exports?

Economist warned that the GDP growth may be temporary and driven by increased exports due to the flood in Argentina and volatility in inventories.
The 2.9 percent annual rate of growth may not be enough for the FED to raise the interest rates. Policymakers have been pointing to December for any changes in the interest rates.
Source: Financial Times

Political uncertainty:

On Friday, October 28, markets reacted to the FBI investigation with high volatility. S&P 500 closed at 2,126 (0.7 percent lower for the week).
Source: Financial Times


Firm Position Deadline
IFC Team Assisstant 2-Nov
Capstone LLC Investment Analyst Internship 30-Nov
The World Bank Group Agricultural Global Engagements Unit 20-Nov
IFC Research Analyst – Global Power 2-Nov
The Fed Graduate Summer Programs 1-Nov


On Campus Events



Nov. 3 Deloitte’s 2017 Summer Internship Information Session” Organized by SAIS Career Services. 4:30pm-6:00pm. Nitze 417. RSVP on SAISWorks.


Nov. 3 New York: Finance and Economics Roundtable @ Bloomberg with SWAN Leaders Emily Howells B’07, ’08, Luisa Palacios PhD ’01” This roundtable will assess sluggish growth as a driver for international monetary policy, financial capital flows, political and demographic pressures and geopolitical tensions. Join Emily Howells B’07, ’08 in a dynamic discussion with Luisa Palacios Ph.D ’01, Head of Latin America macro and energy research at Medley Global Advisors, and Yelena Shulyatyeva, Senior Economist at Bloomberg Intelligence, on the cross-cutting impact and outlook of growth on the global economy. Laura Zelenko, Senior Executive Editor at Bloomberg News, will open with her macro perspective.6:30pm-8:30pm. *This event is held in New York City, Bloomberg Headquarters, 731 Lexington Avenue . RSVP here.


Off-Campus Events

Upcoming Off-Campus Events:

Please join us for keynote remarks by Ambassador Roberto Balzaretti, legal adviser to the Swiss Federal Department of Foreign Affairs, followed by a panel discussion on the strategy, reforms, and challenges of asset recovery and combating illicit financing. The 2003 United Nations Convention Against Corruption established the recovery of stolen assets as a fundamental ” A New Foreign Policy Frontier: Asset Recovery And Combating Illicit Financing: “October 31st, 9:00 am to 10:30 amprincipal of international public law. For more information and registration, click here.

Nov. 2nd, 8:00 am to 3:30 pm: “Data, Demand, and Demographics: A Symposium on Housing Finance” The Urban Institute and CoreLogic are pleased to invite you to the fourth annual Data, Demand, and Demographics Housing Finance Symposium. This daylong symposium will explore emerging housing policy issues, including the economic outlook for multifamily and single-family market growth, how housing finance can contribute to opportunity-rich and fully inclusive communities, single-family mortgage market evolution and regulatory transformation, and the impact of technological innovation. For more information and registration, click here

Newsletter Contributors:
Recent Finance News: Yanki Kalfa
On Campus Events: Nikki Tan
Jobs and Internships: Quinn Campbell
Off-Campus Events: Marco Kim
Newsletter Editor: Yanki Kalfa


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