IBS Investment Bank a Chief Investment Officer, Jason Jackson today announced the company's official market forecast of the 2015 calendar year-end.
Online PR News – 11-September-2015 – Fort Lauderdale, Florida – Private equity firm IBS Investment Bank a division of Institutional Banking Services, North America CORP (IBS, N.A. ®) Chief Investment Officer, Jason Jackson today announced their official market forecast of the 2015 calendar year. In stark contrast to many of his hedge fund managing counterparts who suggest that the U.S. economy has seen the worst, Mr. Jackson suggests that the American economy is about to experience an abrupt correction.
The IBS North America Corp. fund manager noted for structuring over $100mm in landmark retail and healthcare investments apprised reporters in a public release of his projection that the U.S. economy will begin a rapid contraction between mid of September and the opening of the fourth quarter of 2015. Jackson a former top Wells Fargo and HSBC banker cites housing cost increases versus median income, retail sector performance, retraction of the global economy and historically low interest rates as major indicators of a pending market adjustment.
"The fed is under pressure to raise rates and they must by the end of October to avoid a debilitating meltdown. The strong American Dollar is financially bleeding U.S. based retail and goods exporters due the rising competition from countries who have strategically implemented the devaluation of their currency. We really need to support our Fed Chairwoman as she navigates through these uncharted economic waters that have been predisposed by repurchases and globalization," said Jackson.
Jackson, also nationally known as a prophetic voice amongst the Christian and Messianic Jewish communities cited correlations between empirical falls throughout biblical history as a compliment to his rigorous quantitative data. Although the investment banker and spiritual leader would not openly comment on the details, in what appeared to be almost a prophetic tone Jackson suggested that the cause of the financial market retraction will be implicated by both economic and external influences.
"As an American patriot and U.S. Naval Aviation veteran I still believe that America is the greatest country in the world. If there is any country in the world that can survive a storm and thrive it would be us. We must get back to the principals that made us great such as manufacturing, market transparency and GOD," said Jackson.
About IBS, N.A. CORP
Institutional Banking Services, North America CORP (IBS, NA®) is a privately held institutional banking firm dedicated to providing investment advisory, corporate finance, treasury management, human capital, insurance services to its institutional clients.
For more information, call 954-889-5827 or visit www.myinstitutionalbanking.com or www.ibsinvestmentbank.com