The old adage, “When it rains, it pours,” can certainly be attributed to the current state of the global economy. In the past year alone, the economy has propelled business owners and major industries into a tailspin of confusion, anxiety and fear. Across the EO membership, many are feeling the heat, while others are spreading the word and providing information about business survival during these tumultuous times.
One of those members promoting entrepreneurial survival is Lance Lai, the Chief Investment Advisor for ACE Capitol Trust, Managing Director of Accountancy Invest and EO Sydney’s Finance Chair. Intent on addressing the current state of the global economy, Lance recently participated in an on-air interview with “Money Makers,” a Sky Business television program highlighting Australian trends in business and finance. The episode in which Lance participated featured technical analysts, or “charters,” who got out in time before the market tanked, rallied and then tanked again.
During the interview, Lance described the recent history of the turbulent markets, the ups and downs of the finance industry, the bursting of the technology bubble and how terrorism plays a role in global economics, among other topics. Considered an industry expert, Lance gave a succinct economic overview of the past few years, as well as a glimpse into the future of the global economy and stock markets. He concluded by discussing his own experiences in the current market.
“MoneyMakers” is a daily broadcast co-hosted by leading experts in property, shares, personal finance and small business, and it offers information and advice straight from those in the know. From share trading to super strategies, the popular program showcases specialist presenters who teach viewers how to become Money Makers.
To view Lance's appearance, click here (download required).