chapter  6
28 Pages

NEW LIFE AS A STRATEGIST

Economists looking for highly paid jobs in international finance had a new opportunity by the early 1990s – apply for the position of ‘chief strategist’ with a major global investment house, Yesterday’s market economists who had maybe somewhat tarnished reputations as seers in the currency and bond markets had a new opportunity to prove their high worth. ‘Strategists’, in contrast to ‘market economists’ (the title widely given to economists practising in financial markets), have to focus on producing ‘ideas’ for the traders and salesmen (in their organizations) to follow.