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Orange County, CA Economic Update 2020 – By Carson Lappetito, Sunwest Bank
The US economy faces many cross currents in 2020. The global economy is slowing, trade tensions are impacting businesses; however, the US employment markets and consumers remain strong. Overall US growth appears to be slowing due to global pressures, but by how much? And how will it impact our local economy?
In this seminar we will review the global economic trends, outlook for specific industries, interest rates, labor market trends, consumer behavior and how the 2020 election will impact the economy.
- Outlook for Global, national and OC economy
- Trade War & Tariffs
- Overview of employment market, wage growth and consumers
- Interest Rates and Federal Reserve Activity
- 2020 Election
Networking and Breakfast – 7:15 am – 8:00 am
Meeting – 8:00 am – 9:15 am
COMPLIMENTARY VALET PARKING
Thank you to our sponsors
HRCI Credits – 1.5 Business
Speaker – Carson Lappetito
Mr. Lappetito serves as President of Sunwest Bank, an entrepreneurial business bank headquartered in Irvine, CA with operations across the Western US. Prior to joining Sunwest Bank in a management role, Mr. Lappetito co-founded H Bancorp (Sunwest’s Holding Company) and served as Vice President of Hovde Private Equity Advisors where he was responsible for analyzing and valuing investment opportunities as well as assisting portfolio companies with M&A, operational strategy, investment management and ALCO. Prior to H Bancorp, Mr. Lappetito was also assistant portfolio manager for Hovde Capital Advisors, a long/short hedge fund focused on investing in the financial services sector. Prior to Hovde, Mr. Lappetito was a senior analyst and product manager at Darling Consulting Group, where he was responsible for advising a wide range of financial institutions on asset liability management, valuation, risk management and strategic planning. Mr. Lappetito graduated from Bates College with a Bachelor of Arts degree in Economics and Political Science with a minor in Mandarin Chinese.