Scott Grannis was Chief Economist from 1989 to 2007 at Western Asset Management Company, a Pasadena-based manager of fixed-income funds for institutional investors around the globe. He was a member of Western's Investment Strategy Committee, was responsible for developing the firm's domestic and international outlook, and provided consultation and advice on investment and asset allocation strategies to CFOs, Treasurers, and pension fund managers. He specialized in analysis of Federal Reserve policy and interest rate forecasting, and spearheaded the firm's research into Treasury Inflation Protected Securities (TIPS). Prior to joining Western Asset, he was Senior Economist at the Claremont Economics Institute, an economic forecasting and consulting service headed by John Rutledge, from 1980 to 1986. From 1986 to 1989, he was Principal at Leland O'Brien Rubinstein Associates, a financial services firm that specialized in sophisticated hedging strategies for institutional investors. Visit his blog: Calafia Beach Pundit (http://scottgrannis.blogspot.com/)
I've been a market participant for over 3 decades. I've traded a variety of financial markets, both on Wall Street, and on the floor of the NY Board of Trade as an independent commodities trader. During that time, I attended the NYU Stern School of Business and received an MBA in finance. For the past 10 years or so, I've managed money on the retail level as an independent financial adviser. I am a perpetual "student" of the markets - in particular, their reaction to various world events, how that ultimately transmits to impact societies and the quality of individual lives, which then feeds back to effect world events.