Lena komileva biography children

  • Over 90%  forecasting accuracy for the US Federal Reserve, the European Central Bank and the Bank of England.

    Lena komileva biography wikipedia Lena Komileva is an Economist and a Commentator on global economic themes with a long-established track record in financial services. Currently she works as a Managing partner and Chief economist at G+ Economics Limited. Besides, since , she is a GLG Council Member at Gerson Lehrman Group.

  • Topped Bloomberg’s poll of economists as the best forecaster for the US CPI (% accuracy),
  • One of the top ten forecasters in the world of the US ISM Manufacturing index, a leading indicator for the US business cycle, Bloomberg Rankings  

Lena Komileva was one of the very first economists to draw the link between a systemic regime change in global market dynamics, credit multipliers in real economies, recession risk and the central bank response in early After accurately calling the end of the Fed tightening cycle in response to subprime stresses in February , months ahead of the consensus, she wrote about the “impending credit crunch” on 1 June , as stress signals from US subprime securitisation sectors reached European bond market volatility gauges, accurately predicting the balance sheet risk transmission from debt to equity markets and the collapse of the FX carry trade over the weeks that followed.

By January , her economic model showed 85% probability that the US was already in a recession – twelve months before the National Bureau of Economic Research (NBER) confirmed it.

As “dislocated money markets” – a term that Lena coined in the summer of - defied central banks’ short term liquidity stabilisation measures – Lena’s article in FX Week in March , arguing that the disconnect between elevated emerging market asset valuations and riskier developed market credit impulses was unsustainable, became a prophesy for the steady rise and dispersion of market volatility in the summer of This ultimately culminated with the collapse of Lehman and the nationalisation of US mortgage markets in , and the start of a new era of central bank policy making that centred on balance sheet size, market liquidity risk premia and deflation tail risk probability management, over traditional rate and inflation targeting.

For the past decade, Lena’s early “lower for longer” calls on market rates, against repeated consensus calls for early tightening from the Fed, the ECB and the BoE in the years between and , preceded the steady flattening of the US and European core government bond yield curves.

In recent years, Lena has repeatedly warned that the decoupling between the US business and financial cycle is harbouring distortions in US and global risk asset pricing, with significant consequences for the economic risk cycle.

Her early calls on market policy mispricing and peak cycle dynamics over the course of , and in particular her call that US 10yr yields are unjustifiably low in August , have resonated strongly with the shift in the global policy tide over the past year and the return of market volatility in  

Today Lena advises top tier investors, CEOs and Exec Boards on financial, macro-economic and policy developments across core G+ markets, as managing partner and chief economist at G+ Economics, an international market research and economic intelligence consultancy based in London.

With over two decades advising CEOs in banking, custodial, wealth management and legal and regulatory consulting services as head of market economics for the largest European government bonds broker in the world, Lena a regular voice at policy and industry forums, and an economic adviser, working with such institutions as the CFA Institute, the World Gold Council, McKinsey & Co., and the UK Parliament among others.

Lena komileva wikipedia Over a decade-long experience as a cross-asset financial macroeconomist with a full cross-sectoral experience in banking, custodial, intermediary and financial consulting services gained as global.

Lena is a regular contributor for Bloomberg, the Financial Times, the Wall Street Journal, Reuters, and the BBC, and a leading independent voice in the international policy debate on global growth themes focusing on market efficiency, international capital flows and monetary analysis.

With a wealth of experience advising top-tier institutional and policy clients, Lena has written extensively on US, UK and Euro area fundamentals combining financial, monetary and macro-economic analysis.

Her focus is on analysing the flow of funds between the financial industry - including the banking sector and wholesale asset markets - and the real economy, and its impact on economic and financial stability and policy.

Lena was among the very first to argue the global implications from the securitisation crisis in the summer of , including the dislocation of money markets, next-to-zero G7 monetary policy rates, the Great Recession, the Eurozone crisis and the new role for public capital in the functioning of financial markets with the worrying side effects of long-term public debt sustainability and global financial inflation pressures.

In addition to thematic strategy and economic analysis and forecasting, her product research focuses on foreign exchange, money markets and government debt, and the relationships with other asset classes such as volatility, credit, credit derivatives, equities, emerging markets and commodities.

Lena is a frequent contributor to Bloomberg, Reuters, Financial Times, the BBC, the WSJ among others.

She is regularly invited to present at market industry forums and has contributed articles to Bloomberg Brief, the Financial Times, Reuters, FX Week and others.

Lena komileva biography Lena Komileva was one of the very first economists to draw the link between a systemic regime change in global market dynamics, credit multipliers in real economies, recession risk and the central bank response in early

Her research has been extensively quoted in the international press and she gives regular TV and radio interviews.

MEDIA

Markets' focus will soon pivot from the speed to the sustainability of a post-lockdown recovery. The 'new post-Covid normal', after a historic symbiosis between fiscal and monetary policy, will challenge policymakers.

Read the full article here. Source: , 25/03/

Is it time to ease the world economy off zero rates? Lena Komileva, chief economist at G+ Economics, argues to FT editor John Authers that productivity, employment and inflation remain low, while leverage has rebounded, so central bankers should be very careful.

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Lena Komileva was one of the very first economists to draw the link between a systemic regime change in global market dynamics, credit multipliers in real economies, recession risk and the central bank response in early

Source:

For markets, it is not debt levels, but fear of uncontrolled debt growth, where crises are born.

Read the full article here. Source: Bloomberg, 15/03/

BBC Radio 4: "We are beyond the domain of predictability, says Lena Komileva, managing director at G+ Economics.

"Try not to predict and try to prepare." 03/