ECONOMIC UPDATE WITH NIKOLAY MARKOV, LEAD ECONOMIST AT PICTET ASSET MANAGMENT

The return of President Donald Trump to the White House has quickly destabilized the global economy. His on again, off-again tariff threats, used as a hard-nosed negotiating tactic to get his way in foreign policy, fly in the face of economic orthodoxy. Back in March Nikolay Markov warned that Canada and, to a lesser extent, Switzerland, may see reductions in their GDPs due to new tariffs on their exports to the US.

After several stops and starts the chips have fallen and two of America’s traditionally most stalwart allies have been saddled with some of the highest tariffs in President Trump’s seemingly arbitrary trade war: Canada with 35% tariffs on a wide range of goods and Switzerland with 39% tariffs.

Join us for an engaging breakfast presentation and find out what this means for Canada, Switzerland, America and the rest of the World.

Nikolay Markov is Lecturer in Finance at the GSEM and GFRI since Fall 2022. He joined Pictet Asset Management in 2013. He is a Senior Economist, Lead on CEE and Other advanced economies and a Central Banks watchers. Before joining Pictet, he was working in the Monetary Policy Analysis Unit of the Swiss National Bank where he performed research on monetary policy rules for Switzerland. Prior to working at the Swiss National Bank he was a teaching and research assistant at the University of Geneva and participated in international academic conferences. Nikolay holds a PhD in Economics from the University of Geneva and obtained a PhD program certificate from the Swiss National Bank doctoral institute in Gerzensee. He is also Lectuer in International Macroeconomics at the University of Geneva since 2022. He has several academic publications of which one in the German Economic Review. 

DATE     Thursday October 9th 2025 – 08h00 to 10h00

LIEU    Fédération des Entreprises Romandes, 98 rue de Saint Jean, 1201 Genève
Salle A2

Parking: Parking Couvert Seujet, Quai du Seujet 18, 1201 Genève

SCHEDULE

8h00-8h30   Welcome and registration

8h30- 9h15   Presentation

9h15 –   Q&A

COST

CHF 35 for Members // CHF 45 for non-members

REGISTER