Exploring Correlations and Macro Indicators during Expansion Phases

For nearly three decades, Ethan Harris was a fixture on Wall Street. After a stint at the New York Fed, Ethan went to Lehman Brothers where he served as the firm’s Chief US Economist. I had the good fortune of working for and learning from Ethan during his time as Head of Global Economics at Bank of America Merrill Lynch, from where he retired last year.Ethan is a wealth of knowledge, not only for his insights on the economy and Fed watching – but we also get into detail on how he approaches the role of a Wall Street economist and how that compares to the role of an academic. How to separate the noise from signal in the economic data and how to pick your spots against the consensus. To me, he’s set the standard for those that have come after him in the business.