Markets Signal 2020 Election Won't Have Major Impact, Centerview's Effron Says

Blair Efron discusses the impact of globalization, protectionism, and technological disruption on business. He emphasizes the need for a global perspective and the role of the private sector in adapting to changes. The conversation also touches on the challenges of regulation in the face of rapid technological advancements and the market's resilience amid political and economic volatility.

What is one of the main drivers of disruption in business according to Blair Efron?

• Environmental factors

• Technological advancements

• Government policies

• Cultural changes

According to Efron, what is necessary for capitalism to work well?

• It should focus on local markets

• It should be broad-based and fair

• It must be exclusive and competitive

• It needs to be state-controlled

What is the role of the private sector in a global economy according to Efron?

• To avoid international competition

• To rely on government intervention

• To invest in global markets

• To focus on domestic markets

What challenge do regulators face with the pace of technological change?

• Keeping up with the speed of disruption

• Implementing new taxes

• Reducing technological advancements

• Encouraging more mergers

What does Efron suggest companies need to do to remain competitive?

• Rely on government support

• Ignore technological changes

• Adapt and be nimble

• Focus solely on mergers

How does Efron view the impact of political events on markets?

• They lead to market crashes

• They create temporary volatility

• They have little to no impact

• They cause permanent changes

What is Efron's prediction for businesses after political changes?

• They will stop investing

• They will continue to adapt

• They will focus on local markets

• They will struggle to adapt