TICINO, Switzerland, Sept. 7, 2016 /PRNewswire/ — Mr. Gordon "Grant" Curtis, Executive Director & CIO for CI Investments, SFO, of Ticino, Switzerland, will participate on the round table discussion panel regarding current market conditions, October 18, 2016 in Monaco. Among important topics to discuss will include certain economic indicators that Mr. Curtis believes will result in some major market challenges in the near term.
According to Mr. Curtis, many of the major cities, including New York, are seeing economic turndowns and sluggish demands for purchase and rentals. "For the first time in almost three decades, I am observing a serious oversupply of real estate product. Large commercial space vacancies and reduced pricing for residences are just the beginning. This is almost exactly like what happened in the mid to late 80's that caught many, including Donald Trump by surprise.
"Concomitant to real estate challenges, the stock market is so overheated with lack of real value that there is a serious question as to whether it can hold its own much less continue. I have very serious concerns that we are close to some major market drops. The good news is that because interest rates are so artificially low in the major world economies, it bodes well for 'staying power' to weather some rough times ahead."
Mr. Gordon "Grant" Curtis' track record includes large gains in 2008 during the major drops in energy and stock market prices as well as most recently in the large drop of the British Pound against the US Dollar and other currencies. "Our strategy at the CI Family Office is to focus on consistency of returns with the occasional windfall that the markets afford us from time to time. The key is to watch the obvious quantitative and visual indicators and not get caught on the wrong side of a major market move.
It certainly helps to have almost 4 decades of real time experience along with previous financial mentors that have resulted in stellar returns over the years. However, although nothing replaces real life experience and philosophies, there are still bumps in the road that challenge performance from time to time that have to be taken into consideration."
According to Mr. Curtis, he has gained a lot of incite from networking as a regular attendee to financial and family office events. "I'd like to think that the fact that CI Investments, SFO is attending this Opal Group sponsored event in Monaco, that other families and financial service people that I know will attend. These are exciting times and we at CI are working on many great projects right now that we welcome the opportunity to share some of what we have accomplished and intend to accomplish in the future."
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