Pandemic Playbook with Economist David Rosenberg – Sprott Asset Management – 6.9.20

Summary:

Now On Demand.

Economist David Rosenberg believes that investing in a post-pandemic world is shifting our focus from what we want to what we need. Households and businesses are reassessing the importance of savings, liquidity and balance sheet health.

Join special guest David Rosenberg, along with John Hathaway and Ed Coyne of Sprott Asset Management, to learn how this shift will impact different asset classes and sectors of the economy.

We will explore:

• Rosenberg’s bird’s eye view of the current economic storm
• Why the recovery is likely to be L- and not V-shaped
• The impact of ballooning debt levels and money supply
• Will fixed income continue to play a role as a portfolio diversifier and risk mitigator?
• Why gold has been a “winner” during this crisis
• How gold equities are poised to benefit as the metal rallies

Speakers:

David Rosenberg is the Founder and President of Rosenberg Research & Associates, an independent financial markets and economic consulting firm launched in January 2020.‎ Decades of experience in identifying shifts in the global economic cycle and assessing how these shifts influence the investment landscape is what differentiates Rosenberg Research. David has been an economic and market strategist for more than thirty years, both on the sell-side and buy-side of the business, on Bay Street in Toronto as well as on Wall Street in New York City. For the past ten years, he was the chief economist and strategist at Gluskin Sheff, a Toronto-based wealth management firm, prior to that, he was chief North American economist at Bank of America-Merrill Lynch from 2002 to 2009. During that time, he was consistently ranked in the Institutional Investor All-Star analyst rankings for economics. Before 2009, David was chief economist and strategist for Merrill Lynch Canada, where he led his team to number one status for eight consecutive years in the Brendan Woods survey of portfolio managers and CIOs.

John Hathaway joined Sprott Asset Management in January 2020. Mr. Hathaway is a Portfolio Manager of Sprott Hathaway Special Situations Strategy and Co-Portfolio Manager of the Sprott Gold Equity Fund. Previously, Mr. Hathaway joined Tocqueville Asset Management L.P. in 1997 where he was a Co-Portfolio Manager of the Tocqueville Gold Fund as well as other investment vehicles in the Tocqueville Gold Equity Strategy. He was also the Portfolio Manager of private funds. Prior to joining Tocqueville, Mr. Hathaway co-founded and managed Hudson Capital Advisors followed by seven years with Oak Hall Advisors as the Chief Investment Officer in 1986. In 1976, he joined the investment advisory firm David J. Greene and Company, where he became a Partner. Mr. Hathaway began his career in 1970 as an Equity Analyst with Spencer Trask & Co. Mr. Hathaway earned a B.A. from Harvard College and an MBA from the University of Virginia. Mr. Hathaway was also the Chairman of Tocqueville Management Corporation, the General Partner of Tocqueville. He also holds the CFA^® designation.

Ed Coyne joined Sprott in January 2016 and has more than 25 years of investment management and sales experience. Previously, he was a Principal and Investment Specialist for 18 years at Royce & Associates, a small-cap value manager located in New York City and the investment adviser to The Royce Funds. Before joining Royce, Mr. Coyne worked with Zweig Mutual Funds and Neuberger Berman as a Regional Sales Director. He began his career at Reich & Tang, a provider of deposit, liquidity, and cash management solutions for banks, broker-dealers, investment advisors, institutional investors, and public entities. Mr. Coyne worked in the firm’s key account sales division servicing institutional clients.

Mr. Coyne earned his Bachelor of Science in Architectural Studies from the University of Missouri. He also holds a Series 7 license, administered by Financial Industry Regulatory Authority (FINRA).