David M. Blitzer
- Chairman & Managing Director, S&P Dow Jones Indices (1995-2019)
- Cboe Risk Management Conference
- Japan ETF Conference
As chairman of the committee that determines the makeup of the S&P 500, David Blitzer has had profound influence on global financial markets. The most popular and widely tracked benchmark, the S&P 500 aims to include stocks that collectively reflect the U.S. economy, and subsequently represents the health of businesses across every sector and economies worldwide. In this enlightening, radically candid, and substantive talk, Blitzer reveals lessons from his decades of leadership at the S&P. He provides audiences with uncanny insight into what we can expect from global financial markets, and the overall health of the global economy.
Twenty-five years ago, no one knew what an exchange traded fund was; today ETFs own about 25% of the stock of each company in the S&P 500. Their meteoric rise was driven by stock indexes. As the chair of the committee that guided the S&P 500 during its period of surging growth, David Blitzer can explain how index-based strategies came to dominate investment management and why ETFs are the tool that most investors use. ETFs and index investing continue to out-grow and take market share from other investment approaches. Blitzer will describe recent shifts and what is the future for ETFs.
The economy is sending mixed signals. Consumers are optimistic, unemployment is the lowest in decades and inflation is non-existent, but housing is flat to down, business capital spending and industrial production are sliding and world trade is falling. Some pundits expect the expansion to last for another ten years while others predict a new financial crisis. David Blitzer will sort out these conflicting signs and examine Federal Reserve policy to identify which economic indicators matter and provide a picture of the economy is headed.
