Last week we gathered in one of the most beautiful buildings and views Orange County has to offer. Scott Lopez of U.S. Trust, co-hosted the IEC on the 19th floor conference room of the 520 tower in Fashion Island (Newport Beach). It was an awesome night of forecasting the global, national and local economies – U.S. Trust predicts “no sign of recession” for the next 4-6 quarters, offering IEC members an optimistic perspective on the economy. However, there were many collective experts from the bank anticipating a continued rise in interest rates, sparking a potential slow-down in real estate and other related markets.

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Scott Lopez, Jimmy Sanchez and Thornton Phister provided 80+ IEC executives and prospects an inside look on Q4 capital market update, mid-term elections, the economy in 2019 and conducted an interactive Q & A. Some key takeaways Jimmy advised on was the U.S. currently has the strongest market it has seen in history. Also, for those working closely with China, he believes the sanctions on China will not damage U.S. companies involved with Chinese corporations.

Congratulations to our International Executive Council (IEC), Member of the year, Justin Purpero for his invaluable contributions toward the organization’s growth and sustainability. Our next event will be focused on Social Emotional Learning with experts in the field at Chapman University.

For more information on the IEC, please email Liz Mirand, administrative team leader at: liz@iecnetwork.org.