Democracy is not an outcome, but an ambition that requires we seek out our common values rather than fight for rights.
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.
Recession—Now!
‘Recession now’ may not be what investors were hoping to hear, but it is probably preferable to the alternative of recession later.
Todo Mal?
Unless we take action to restore justice, our children will grow up in injustice. Now is the time to act.
Terrible Tens?
QE is ending and QT is starting — is it time to prepare for temper tantrums?
The Fed’s Big Hammer
The Fed is ready to wield the hammer of monetary policy on the nail of inflation – thumbs are going to get bruised.
All Clear?
Has an ‘all clear’ has been issued in the form of ‘peak inflation’, paving the way for investors to return with gusto into global
When is Enough, Enough?
Another week, another dismal set of returns. For stock and bond investors, 2022 is off to a terrible start. Now stresses are beginning to emerge in credit fixed income markets. Large Chinese real estate developers are teetering on the edge of default and US...
Not All One-Eyed Kings Are Alike
For the first time in nearly twenty years, monetary and fiscal policy divergence is emerging worldwide.
Taylor Rule Communication Challenges
Upcoming Fed communication may determine if we are heading into an avoidable recession and a crash on Wall Street.
An Interview with Larry Hatheway
Thoughts on the political divide in the US and a career at the intersection of economics and investing.
The Profits Frenemy
Investors should hope for falling corporate profits, as the alternative will lead to more pain.
The Fed Must Get It Right
The Fed misjudged inflation in 2021. But only its reputation was damaged. In 2022, it must get inflation and much else right or else the global