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.
After bank executives and politicians have blamed hedge funds (and other nefarious market participants) for the extreme volatility in financial sector equities, both the U.K. and the U.S. market regulators imposed bans on short selling in these stocks.
PHS are essentially the leading indicator the housing market. These sales include homes, condos, and co-ops.
As T. Boone Pickens in the Wall Street Journal described his master plan for solving an aspect of the US energy crisis: dependence on foreign oil. At its core, this solution was really only a swap of foreign energy sources from oil to natural gas.
Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”
Andrew B. Busch is the founder of andrewbusch.com.
Managing Director and Chief Investment Officer, Bessemer Trust
Director, Senior Foreign Exchange Sales at UniCredit AG
Editor and Publisher, The Gartman Letter