Andrew B. Busch is the founder of andrewbusch.com, a research and consulting firm.
Busch has appeared for the last three years on CNBC's "Closing Bell" with Maria Bartiromo and is a CNBC contributor. He is regularly quoted in The Wall Street Journal, Reuters, Dow Jones, The Associated Press and The Globe and Mail.
Previously, he was the global currency and public policy strategist for BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group. Busch is a senior fellow on economic issues for the Illinois Policy Institute and an American Action Forum Expert.
He consults with the staffs from the U.S. Treasury, Congress, and the White House on economic and financial market issues; he has met and advised the last three U.S. Treasury secretaries, including Tim Geithner. Busch also was an advisor on the economy and the financial markets to Republican presidential candidate John McCain.
Busch is a recognized expert on the world financial markets and how these markets are affected by political events. He spoke at the Pacific Economic Conference in Russia on the global credit crisis, and met and consulted with the governor of Primorsky Territory and the mayor of Vladivostok over the future direction of the Russian economy.
He is a prolific writer whose views appear daily in his newsletter, the Busch Update; monthly, he writes the Busch GPS: Global Political Strategy; and his book, "World Event Trading: How to Analyze and Profit From Today's Headlines," has been translated into Mandarin and Japanese.
He joined BMO Financial Group in 1990 in the foreign exchange trading room of Harris Trust and Savings Bank, which merged with Bank of Montreal's room in 1995. Prior to joining Harris, Busch traded foreign exchange at Northern Trust Company.
Busch graduated Phi Beta Kappa with a B.A. in economics from Ohio Wesleyan University and received his MBA from the University of Chicago.
Follow Andrew Busch on Twitter @abusch.
The Association of Financial Professionals (AFP) has released a report detailing how finance executives have taken defensive measures to deal with the credit crunch. (AFP is a membership organization that serves more than 16k corporate treasury and finance executives.)
The process to produce the Treasury Asset Recovery Plan from the US House has moved forward in the Senate. They have wisely remained it the Emergency Economic Stabilization Act of 2008, something I believe/suggested would help sell it to Main Street.
This is an embarrassment to both Democrat and Republican leadership. House Republicans will be vilified in the press with headlines like "Dow Drops 700 Points As Republicans Don't Pass Bailout Plan."
By now, either you’ve heard US Treasury Secretary Hank Paulson on the Sunday morning talk shows or you’ve read about what he has said on the US government’s bailout plan. There are tremendous issues with the plan as it charts a course distinctly different from what has been used in the past.