Sector Expert: Lacy Hunt
Lacy H. Hunt is executive vice president of Hoisington Investment Management Company (HIMCO), a Texas-based registered investment adviser specializing in the management of fixed-income portfolios for large institutional clients. The firm has more than $4.5 billion under management, with a client base of corporate and public funds, foundations, endowments, Taft-Hartley funds and insurance companies. An internationally known economist, Hunt joined HIMCO in 1996. His background includes roles as chief U.S. economist for the HSBC Group, one of the world's largest banks, executive VP and chief economist for Fidelity Bank, VP for monetary economics at Chase Econometrics Associates, Inc., and senior economist for the Federal Reserve Bank of Dallas. A native of Texas, Hunt earned a Bachelor of Arts degree from the University of the South, a Master of Business Administration from the Wharton School of the University of Pennsylvania, and a doctorate in economics from Temple University. He has authored two books, A Time to Be Rich and Dynamics of Forecasting: Financial Cycles, Theory and Techniques, and numerous articles in leading magazines, periodicals and scholarly journals.
Recovery Via Shared Sacrifice: Lacy Hunt (5/16/12)
If the people and politicians of the U.S. can't muster the will to reform Social Security and Medicare, the country will slide on down toward what internationally renowned economist Lacy Hunt calls the "bang point." What we'd face on the other side would be bad news indeed. But in this exclusive interview with The Gold Report, Hunt goes on to list a few steps to turn the tide on economic growth. The route won't be an easy one but it would address the debt and begin to improve living standards.