High Frequency Economics is pleased to announce Rubeela Farooqi as our new Chief U.S. Economist, effective December 1, 2019. In addition, John Silvia is joining the firm as an advisor and research contributor.
“With nearly two decades of experience as an economist in the financial services industry, Rubeela brings expertise in large-scale macroeconomics and U.S. economic forecasting to our team. Her insights will help us delve deeper into that gray area where Fed operations, macroeconomic policy and economic forecasting mix it up to set the yield curve,” said Dr. Carl Weinberg, Chief Economist and founder of High Frequency Economics. “In addition, it’s no secret our industry is woefully lacking in diversity. Talented professionals like Rubeela are an asset to the field of economics.”
Farooqi will take over authorship of High Frequency Economics’ Daily and Weekly Notes on the United States and Snapshots on the U.S. Economy, replacing Jim O’Sullivan, who has departed the firm for a new challenge on the sell side.
Previously, Rubeela Farooqi was Senior Economist at Stone McCarthy Research Associates, where she worked with Ray Stone developing and managing the firm’s U.S. outlook. She also worked at ICAP/Reid-Thunberg, running their money market surveys. In between, she spent time at Moore Capital, where she acquired hedge-fund experience. She started her career at Citibank as an economist. Rubeela holds an M.A. in Economics from New York University. She has been a Board member of the NYU Money Marketeers.
John Silvia, who has also joined High Frequency Economics, has deep financial market experience. “We’re excited that John Silvia will be an advisor and contributor to our research,” said Carl Weinberg. “John’s 16 years as Chief Economist of Wells Fargo Bank, his previous years of experience in Washington, and his decade and a half as Chief Economist at Kemper Funds in Chicago are why we wanted his experience and judgment to guide our thinking about the U.S. economy. On top of his four years as Chief Economist on the Senate Joint Economic Committee and Joint Banking Committee, John also was president of the National Association of Business Economists. His Washington experience and banking sector experience are natural complements to Rubeela’s economic strengths.”
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