Many Americans are frustrated with an economy that by most measures is actually doing pretty well — the explanation may lie in rising
Are Consumers Being Ripped Off?
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Larry Hatheway has over 25 years’ experience as an economist and multi-asset investment professional. He is co-founder, with Alexander Friedman, of Jackson Hole Economics, a non-profit offering commentary and analysis on the global economy, matters of public policy, and capital markets. Larry is also the founder of HarborAdvisors, LLC, an investment advisory firm catering to family offices and institutional clients worldwide.
Previously, Larry worked at GAM Investments from 2015-2019 as Group Chief Economist and Global Head of Investment Solutions, where he was responsible for a team of 50 investment professionals managing over $10bn in assets. While at GAM, Larry authored numerous articles on the world economy, policy-making, and multi-asset investment strategy.
From 1992 until 2015 Larry worked at UBS Investment Bank as Chief Economist (2005-2015), Head of Global Asset Allocation (2001-2012), Global Head of Fixed Income and Currency Strategy (1998-2001), Chief Economist, Asia (1995-1998) and Senior International Economist (1992-1995). Larry is widely recognized for his appearances on Bloomberg TV, CNBC, the BBC, CNN, and other media outlets. He frequently publishes articles and opinion pieces for Bloomberg, Barron’s, and Project Syndicate, among others.
Larry holds a PhD in Economics from the University of Texas, an MA in International Studies from the Johns Hopkins University, and a BA in History and German from Whitman College. Larry is married with four grown children and resides with his wife in Redding, CT, alongside their dog, chickens, bees, and a few ‘loaner’ sheep and goats.
The Fed: Set to Fail Conventionally?
The Fed has achieved its dual mandate of price stability and maximum employment. So why will it ease gradually and not all at once?
‘Whac-a-Mole’ Economics
Ever since the global financial crisis, politicians have jettisoned economic theory for reflexive solutions to economic challenges. Neither
The Fed’s Awkward Dismount
Fed Chairman Powell was poised to be hailed as the central bank gold medalist who stuck the soft landing. Has this changed?
Building Up, Breaking Down
Driving 30,000 miles around the United States is a good way to be reminded of some of life’s most important lessons.
Don’t Kid Yourself, There is A Choice
We deserve better candidates for the world’s most powerful and important job, but we cannot let frustration be our master — this year’s
When the Rules Change
Charlie Brown, and the iconic cartoon series Peanuts, has much to teach us about how to navigate a time of fundamentally changing norms.
Inflation: The Making of a Good Story
Inflation is perhaps the key topic of today’s political economy, but it is also one that is ripe for storytellers to manipulate.
Why Inflation (Still) Matters
A gummed up US housing market threatens the Fed’s inflation target. It could also undermine markets and President Biden’s re-election
Monetary Policy: The Dog That Did Not Bark
The US economy has become less sensitive to Fed rate hikes. But the Fed can still ease this year, given declining inflation.
Why Are We So Glum?
The economy is objectively strong, but Americans are undeniably pessimistic, convinced the American Dream is slipping away.
The Future of ‘Sworking’
Seniors working, or ‘sworking,’ is a true potential win-win that could help alleviate pressure both on public pensions and on the elderly’s