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Bill Luttrell

Senior Locations Strategist, Werner Global Logistics, Werner Enterprises
Bradley Migdal

Senior Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc.
Brian Corde

Managing Partner, Atlas Insight
Christine Bustamante

National Co-Leader, Global Location and Expansion Services, State and Local Tax, KPMG LLP
Dan Levine

Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc.
Dan White

Senior Economist, Moody's Analytics
Dean J. Uminski, CEcD

Principal, Crowe Horwath
Dennis Cuneo

Managing Partner , Fisher & Phillips
Eric Stavriotis

Senior Vice President, CBRE, Inc.
Gregory Burkart

Managing Director and Practice Leader, Site Selection & Business Incentive Advisory Services, Duff & Phelps, LLC
Jamie Lominack

Corporate Real Estate Manager, Michelin North America
John Morris

SIOR, Industrial Services Lead for the Americas, Cushman & Wakefield, Inc.
Josh Bays

Principal, Site Selection Group, LLC
Les Cranmer

Senior Managing Director, Savills Studley
Marc Beauchamp

Vice President & Partner, The CAI Global Group
Michael McDermott

Consulting Manager, Global Business Consulting, Cushman & Wakefield
Minah Hall

Managing Director, True Partners Consulting LLC
Scott Kupperman

Founder, Kupperman Location Solutions
Scott Redabaugh

Managing Director, JLL
Stephen Gray

CEO, Gray Construction
Thomas J. Stringer, Esq.

Managing Director & Practice Leader, Site Selection and Business Incentives Group, BDO USA
Tim Feemster

Managing Principal, Foremost Quality Logistics

McKinsey: Farewell to cheap capital? The implications of long-term shifts in global investment and saving

In its Farewell to cheap capital? report, McKinsey expects global investment to experience unprecedented growth in the coming years, but with interest rates rising accordingly.

McKinsey & Company

1/3/2010

In its Farewell to cheap capital? report, McKinsey expects low interest rates - which many individuals and businesses have come to consider the norm - to increase over the next few years. With global credit shaken, these low rates will prove unsustainable.

Around the world, developing nations are rapidly building infrastructure, schools, hospitals, and other large-scale public works projects. This is especially the case in China, where companies are expanding manufacturing facilities and workers are upgrading their homes. The urge to invest will likely outweigh savings, increasing interest rates in China and in other developing nations. This trend will also slow investment and global growth to an extent.

McKinsey's other key findings include:
• The decline in capital demand among developed economies is an overlooked catalyst of the approximately 30-year interest rate drop that grew the credit bubble.
• By 2020, global investment demand could reach highs unseen since the post-World War II era of rebuilding in Europe and Japan.
• The investment boom will place upward pressure on real interest rates unless the global savings rate increases substantially.