David J. Merkel, CFA, FSA, is Chief Economist and Director of Research at Finacorp Securities. Previously, he has been a senior investment analyst at Hovde Capital, responsible for analysis and valuation of investment opportunities for the FIP funds, particularly of companies in the insurance industry. Prior to joining Hovde in 2003, Merkel managed corporate bonds for Dwight Asset Management. In 1998, he joined the Mount Washington Investment Group as the Asset Liability manager after working with F&G Life, Provident Mutual, AIG and Pacific Standard Life. Merkel holds bachelor's and master's degrees from Johns Hopkins University.
Prices are so nebulous, we're better off letting the next administration and Congress set long-term policy.
01:05PM 09/26/08
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