January Newsletter
Thanks for joining us for the 2019 economic forecast
Thanks to everyone that joined us for our 2019 economic forecast dinner with John Tousley, CFA, the Senior Market and Economic Strategist for Goldman Sachs, on January 17. Mr. Tousley remembered his days managing an Idaho muni fund (given limited supply, he joked that "If they issue it, you buy it"), remembered passing the Level 3 CFA exam in Boise, discussed the probability that the economy will dip into recession in 2019, and considered whether stocks will post gains in 2019. If you weren't able to attend, the slide deck from his presentation is available here.

We also want to congratulate Molly Guenther, Kevin Jones, Renee Faltings and Chuck Castlewood, who made the best estimates of where West Texas Intermediate crude oil, the Dow Jones Industrial Average, Bitcoin and the 10-year would finish 2018. This year, attendees were given the opportunity to forecast where West Texas Intermediate, gold, the DJIA and the 10-year will finish 2019. Watch for an announcement at next year's economic forecast.

We thank Charles Schwab and Goldman Sachs for sponsoring the event and Zions Bank for hosting us on the 17th floor of their building in downtown Boise.
Research Challenge presentations scheduled for February 27
Oral presentations for the 2019 Research Challenge will be at 5 p.m. on February 27 at the Micron Business and Economics Building at Boise State University. You are invited to attend this event. Contact Skye Root for more information.
CFA Society Idaho board begins strategic planning
The board of directors of CFA Society Idaho met with Claire Thomas, our Society Relations Manager at CFA Institute, on January 17, to renew our society's strategic plan. We are considering what our society's priorities should be, if there are areas where we should focus additional resources such as advocacy, and the addition of part-time staffing to provide more services to our members. Watch for additional communications and an opportunity to provide your input in the coming weeks.
Calendar
February 15: Research Challenge written reports due
February 27: Research Challenge oral presentations begin at 5 p.m. at Micron College of Business and Economics building at Boise State University
June 15: North America CFA exam date
Links
"The Future of Investment Management" publication
The CFA Institute Research Foundation has published the book "The Future of Investment Management" by Ronald N. Kahn. A download is available here. The Foundation has also posted audio of various presentations from the conference "2008 Financial Crisis: A Ten-Year Review." The presentations are available here.