Alan Greenspan served five terms as chairman of the Board of Governors of the Federal Reserve System. He originally took office as chairman on August 11, 1987, to fill an unexpired term as a member of the Board of Governors. His last term ended on January 31, 2006. He was appointed chairman by four different presidents.
Greenspan was born in New York City. He received his bachelor’s (summa cum laude), master’s, and doctoral degrees in economics, all from New York University. Before receiving his doctorate, he studied economics at Columbia University in the early 1970s under Arthur Burns, who would later become chairman of the Board of Governors.
Greenspan’s first job, in 1948, was with the National Industrial Conference Board, a nonprofit organization where he analyzed demand for steel, aluminum and copper. From 1954 to 1974 and from 1977 to 1987, Greenspan was chairman and president of Townsend-Greenspan & Co., Inc., an economic consulting firm in New York City. From 1974 to 1977, he served as chairman of the President’s Council of Economic Advisers under President Gerald Ford, and from 1981 to 1983, as chairman of the National Commission on Social Security Reform. In addition, he served as a member of President Ronald Reagan’s Economic Policy Advisory Board and was a consultant to the Congressional Budget Office.
Shortly after assuming office as chairman of the Board of Governors, Greenspan was faced with the October 1987 stock market crash and acted quickly to ensure liquidity in the markets. During his tenure he also led the Federal Reserve through several events with major economic repercussions, including two U.S. recessions, the Asian financial crisis of 1997, and the September 11, 2001, terrorist attacks. He had a reputation for being strongly anti-inflation, focusing more on controlling prices than on promoting full employment. Many credit Greenspan with facilitating the longest official economic expansion in U.S. history. He was also known for his skill at building consensus among members of the Federal Open Market Committee on policy issues.
After leaving the Board of Governors, Greenspan began his own Washington D.C.-based consulting firm, Greenspan Associates, LLC. His memoir, The Age of Turbulence, was published in 2007.
Over the years, Greenspan also held many roles in the public and private sectors. His previous presidential appointments include the President’s Foreign Intelligence Advisory Board, the Commission on Financial Structure and Regulation, the Commission on an All¬-Volunteer Armed Force, and the Task Force on Economic Growth. In addition, he served as a corporate director for a number of firms, including Aluminum Company of America (Alcoa); Automatic Data Processing, Inc.; Capital Cities/ABC, Inc.; General Foods, Inc.; J.P. Morgan & Co., Inc.; Morgan Guaranty Trust Company of New York; Mobil Corporation; and The Pittston Company.
Since founding Agora Inc. in 1979, Bill Bonner has found success in numerous industries. His unique writing style, philanthropic undertakings and preservationist activities have been recognized by some of America’s most respected authorities. He co-founded The Daily Reckoning in 1999, and has since written many New York Times best-selling books including Financial Reckoning Day and Empire of Debt. He currently contributes to a long list of publications including The Bill Bonner Letter, The Daily Reckoning, and Bill Bonner’s Diary .
Chris started his career as a commodities and energy analyst for the global financial news agency Reuters. He also worked as an investigative reporter during the Celtic Tiger boom in his native Dublin. Chris later realized it was more lucrative to apply his investigative skills to the markets. He has been working as a financial analyst with Agora since 2007. He now splits his time between Buenos Aires and Berlin. Chris is the Editor-at-Large for Bonner and Partners publication, Inner Circle.
Lofgren began his legislative career as a military legislative assistant to then Republican House representative John Kasich in 1983. From 1995 to 2004, he was budget analyst for national security on the majority staff of the House Budget Committee. From 2005 until his retirement in 2011, Lofgren was the chief analyst for military spending on the Senate Budget Committee. Since his retirement, Lofgren has written about politics, budgets, and national security issues.
Dr. Jim Walker is a Hong Kong-based independent economist and investment strategist, the Founder and Chief Economist of Asianomics Group Ltd., an economic research and consultancy company servicing the fund management industry. He also serves as a Non-Executive Director of Leopard Cambodia Fund and Director of India Capital Management.
Mr. Duncan is an author, economist consultant and speaker. He began his career as an equities analyst in Hong Kong, he served as global head of investment strategy at ABN AMRO Asset Management in London, and worked as a financial sector specialist for the World Bank in Washington DC. Since then, he has specialized in finance and investment. He is the author of three books on the global economic crisis. He is now the chief economist at Blackhorse Asset Management in Singapore and the publisher of Macro Watch.
David is a former businessman and American politician. He served as a Republican U.S. Representative for the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan. He launched David Stockman’s Contra Corner featuring both his own articles and those from leading contrarian thinkers on geopolitics, economics, and finance.
Adrian Peter Hein
Adrian received his master’s degree in Strategic Management from the Ilmenau University of Technology. He has worked in the German Parliament and as the project manager for FID Verlag. He is currently developing a SuperFranchise in Germany called Pronomio.
He studied at the University of Rioja, the University of Guelph, and the Stockholm School of Economics. He has worked at Accenture as a management consultant and for Price Waterhouse Coopers as an auditor. Alberto currently directs the Inversor Global office in Spain.
Dan was the editor of Strategic Investment, the flagship publication Agora Publishing. He wrote the bestselling book, The Bull Hunter. Dan formerly served as the Editor-in-Chief of The Daily Reckoning in Australia and as Publisher for Port Phillip Publishing. He is now the publisher for Southbank Research.
Francoise is the Copy Chief for Publications Agora France. She helps write La Chronique Agora, the French edition of The Daily Reckoning, which provides a contrarian critique of the globalized market and the economic outlook.
Felipe worked at Deutche Bank in derivatives and as an analyst at Monitor Clipper Partners. He received his Master’s in Finance from FGV-SP where he now occasionally teaches. He is currently an Analyst for the Empiricus Research where he writes on macro-economic and financial issues.
Cruz is the Director of marketing at Stansberry Research in Baltimore, Maryland. He previously worked for three years as the director of customer acquisition in Stansberry Research. He is fluent in Spanish. Cruz has acquired skills in email marketing, social media marketing, online advertising, copywriting, profit center management, among many others.
Françoise is the Managing Editor for Publications Agora France. She helps write La Chronique Agora, the French edition of The Daily Reckoning, which provides a contrarian critique of the globalized market and the economic outlook.
Fred is managing director for 3rd Stone Investment Research based in Beijing, China. He has over 20 years of experience in senior finance positions leading multi-national companies in China. He graduated from the American School of International Management in Glendale, AZ and currently lives in Beijing.
Greg Grillot is an amateur philosopher and liberty-minded history buff. He helped found Agora Financial and now writes copy for Bonner & Partners. He wrote the “Deep State” promotion for the Bill Bonner Letter.
Guy de La Fortelle
Guy is the publisher of Vauban Éditions, newly created finance affiliate in Switzerland. He formerly developed the marketing department at SNI Éditions (health). He previously worked as a copywriter and media planner in advertising at Agora Financial in Baltimore.
Henry writes the publication, La Lettre Stratégie et Conseil. He grew up in France and studied at the University of Virginia. Henry has worked at Les Belle Lettres, Bonner Family Office, Stansberry Research, and Sprott Global Resource Investments.
Iván has worked as an economic analyst at the Progress and Freedom Foundation and has taught at several universities. He currently writes El Diaro Del Lunes, and contributes to Inversor Global, Ambito Financiero, El Cronista, Infobae, and Fortuna Web, among other publications.
Jules is a copywriter for Bonner & Partners. He is also working closely with our new German partner to develop successful launch copy. He wrote the famous “Falling Down” promotion for the Bill Bonner Letter. He also studied law at the University of Virginia.
Kris’ background includes 20 years of experience stock analysis, financial brokering, and wealth management. He is the publisher for Port Phillip Publishing and often contributes to the Port Phillip Insider, Money Morning Australia and Tactical Wealth.
Marilia holds a degree from Insper in São Paulo. During the past 7 years, she has managed large hedge funds, both local and international. Her expertise lies in the field of fixed income. She now provides her essential advice alongside Felipe Miranda in the Palavra do Estrategista.
Rokke is an assistant analyst at Bonner & Partners in West Palm Beach. Previously, he was the senior administrator at USBankcorp Fund Services. He is a Certified Public Account by the State of Wisconsin and he holds a CFA Charterholder from CFA Institute.
Pedro was a Portfolio Manager at Millennium Investment Banking. He has a degree in Finance from ISCTE – Business School and Master in Management from the Portuguese Catholic University. Among other things, Pedro is the editor of Market in 5 Minutes for Empiricus Research Portugal.
Roberto has his degree in economics from Mackenzie University in Logistics and MBA in Business Management from FGV. He also has an MBA in Financial Engineering at Poli-USP. He has over 10 years of experience in the financial market. Roberto is the chief copywriter at Empiricus Research.
As executive director with Agora Economics, Rocky advances investment research groups on six continents. He has developed publications including The Daily Reckoning, RFID Update, FierceFinance, and FierceWiFi. He graduated from the Stockholm School of Economics and Harvard University.
Simone came from a background in aerospace engineering and transitioned to finance almost 15 years ago. She uses her analytical view to decrypt the news and financial figures and then provide a realistic outlook. She currently publishes L’Investisseur Or et Mattieres and her La Strategie de Simone Wapler.
Taylor is the founding editor of the Agora Economics Alert where he pieces together the views of Agora’s Chief Strategists into a big-picture global perspective. He received his MBA from Harding University while living in South Korea.
Vern has been involved in financial planning for almost 30 years and has been recognized as one of Australia’s Top 50 financial planners. He currently publishes Gowdie Family Wealth, The Gowdie Letter, and contributes to The Daily Reckoning.
Vivek has worked in senior positions with the Daily News and Analysis (DNA) and The Economic Times. He recently finished writing a bestselling trilogy on the history of money titled, Easy Money. He is the Editor of Vivek Kaul’s Diary and The Vivek Kaul Letter.