22 Aug 2008

Inaugural Post

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This site will be a work in progress, probably through September [2008]. I hope to offer near-daily commentary on financial news. I am an economist with a PhD from NYU, but I have been heavily influenced by the “Austrian” school of economics. I am a consultant–meaning I will take anyone’s money–but my main gig right now is being Economist for the Institute for Energy Research.

I will elaborate on my forecasts and recommendations in future posts, but if you want to get up to speed on my current economic outlook you should read my articles “A Falling Dollar, After All” (August 2007) and “The Worst Recession in 25 Years?” (October 2007). If those intrigue you, then you should plunge into my formal T-Note forecast (pdf) for a bank, delivered back in early July 2007 (before the credit crisis really hit).

In the weeks ahead, I’ll explain why I am so pessimistic about the U.S. economy for at least the next five years, but I’ll also suggest options for you to protect your personal wealth during this storm.

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