This is a signature event for the Baltimore CFA Society.  Each year leading local portfolio managers are asked to share their macro thoughts for the year ahead.  How has the unprecedented growth in the money supply changed their perspective on the markets?   What sectors are they favoring in the year ahead?  What effect will tax rate changes have on the market?  Will the Federal Reserve have the will power to withdraw liquidity in an election year?   These questions and more will be discussed.

As Co-Head of U.S. Equities, John Linehan serves on T. Rowe Price’s Equity Steering Committee, Brokerage Control Committee, and Counterparty Risk Committee.  John is also a portfolio manager in the U.S. Equity Division.  He is President of the Value Fund and Chairman of the Fund’s Investment Advisory Committee.  John is also a portfolio manager for the firm’s U.S. Large-Cap Value Strategy.   He joined the firm in 1998 and has nine years of previous investment experience at Bankers Trust and E.T. Petroleum.  He earned a BA from Amherst College and an MBA from Stanford University.  He also has earned the Chartered Financial Analyst designation.

Paul Corbin is a partner at Brown Advisory, an independent investment firm located primarily in Baltimore where he is responsible for fixed income strategy and management of client portfolios and mutual funds.  He joined Alex. Brown in 1991 after beginning his career at the First National Bank of Maryland and Legg Mason.  Brown Advisory became an independent firm after Alex. Brown was sold to Banker’s Trust, which in turn was sold to Deutsche Bank.  He graduated from the University of Virginia in 1974 with a BA in Economics and in 1981 from the George Washington University with an MBA in Investments and Finance.