Austan Goolsbee Weaves In Humor With Serious Economic Message At Morningstar Conference

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Mark Melin
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We live in a market environment where former Chairman of the Council to Economic Advisors Austan Goolsbee was voted the funniest political celebrity in Washington DC, with anti-tax campaigner Grover Norquist coming in second place, Goolsbee quipped at the Morningstar Investment Conference in Chicago, noting the odd dichotomy. “The Chicago Cubs are favored to win the World Series and Donald Trump could be US president. This is a year predictions might not work out so well.” Goolsbee weaved in humor with a serious economic message, pointing to a core reason why the economy is not meeting the Fed’s expectations, the…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.