Economic Outlook Breakfast Provides Perspective for Businesses

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The tumultuous reaction to recent bank failures is only one of the pressures straining the U.S. and world economies. Learn how current fluctuations may affect local businesses at the multi-chamber Economic Outlook Breakfast on April 25 at the Crowne Plaza Chicago Northbrook Hotel. Presented by the Northbrook, Glenview, and Deerfield Bannockburn Riverwoods Chambers of Commerce and sponsored by Fifth Third Private Bank, this annual event provides a balanced, data-driven overview of the economic landscape.

Thomas Jalics, Managing Director & Chief Investment Strategist for Fifth Third Private Bank, will be the keynote speaker for this year’s Economic Outlook Breakfast event.

“This presentation shares Fifth Third’s outlook for the U.S. economy over the next twelve months,” notes Jalics. “A strong jobs market, low debt levels and high corporate and consumer cash balances offer reasons to be optimistic. Persistent and sticky inflation, with the Federal Reserve raising interest rates to combat inflation, is the primary concern.”

Jalics leads the Investment Management Group’s asset allocation process, both strategic and tactical, which informs the management of the $40+ billion in assets under management at the bank. With over 25 years of industry experience, he is a sought-after industry expert whose commentary has been quoted in The Wall Street Journal, Bloomberg Business News, The Economist, and Reuters. He has also appeared on television and radio including Bloomberg (Television, Radio, and Business News), CNBC, and CBS Radio Chicago.

Based in Cleveland, Ohio, Jalics received his Bachelor of Arts in Chemistry and Economics from Miami University and his MBA from the University of Chicago. He also has earned his Chartered Financial Analyst (CFA) professional designation.

The Economic Outlook Breakfast will be held Tuesday, April 25 at the Crowne Plaza Chicago-Northbrook Hotel from 8:00 to 9:30 a.m. The presentation will include time for questions for attendees. Registration is $30 for members of the participating chambers, $40 for non-members. Advance registration is required by April 21. Register here. For more information, contact Gail Eisenberg, Membership & Events Director, at (847) 513-6006 or gail@northbrookchamber.org