Scott Brown joined the Raymond James Equity Research Department in July 1995 after two years as an economist in the firm's Fixed Income Research Department. Before his arrival at Raymond James, he was manager of economic research at Pacific First Bank in Seattle and had previously been director of economic research at First Imperial Advisors in San Diego. He also worked as an economist for the San Diego Gas & Electric Company. Dr. Brown earned his doctorate in economics from the University of California at San Diego, where he studied time series analysis and forecasting under Nobel Laureates Robert F. Engle and Clive W.J. Granger. Dr. Brown also holds a master of science degree in statistics from the University of Illinois and a bachelor of arts degree in mathematics from the University of California at Irvine. Dr. Brown serves on the Economic Advisory Committee of the American Bankers Association and is a member of the Bond Market Association's Economic Advisory Committee. He has also served as a member of the Governor's Council of Economic Advisors for the state of Florida. Visit: Raymond James (http://www.raymondjames.com/) Note: Dr. Brown is not an active contributor to Seeking Alpha; rather, SA editors excerpt regularly from Dr. Brown's public commentary.