Michael Belkin, financial market strategist and author of the Belkin Report, talks about how bear markets occur in recessions.
Michael Belkin is a financial market strategist and author of the Belkin Report -- an independent market and economic forecasting service for hedge funds, mutual funds, pension funds, investment banks, family offices and sovereign wealth funds. The Belkin Report has been published since 1992.
The Belkin Report includes: 1) Fundamental scenarios for world securities markets based on credit conditions, economic analyses and critiques of central bank operations. 2) Specific market forecasts based on a proprietary statistical asset allocation model.
Previously, Mr. Belkin was a vice president in the equity department of Salomon Brothers (market analysis and proprietary trading). He is a graduate of the UC Berkeley Haas Business School.
William R. Gurtin is Chief Executive Officer, Chief Investment Officer, and founder of Gurtin Fixed Income. He also serves as a member of the Investment Committee. Gurtin Fixed Income manages over $6billion in assets on behalf of wealthy family groups.
Prior to founding Gurtin Fixed Income, Mr. Gurtin was Senior Vice President and Senior Portfolio Manager, Fixed income Investments for The Gurtin Group at Morgan Stanley. Mr. Gurtin brings 27 years of experience in the Financial Industry, including nine years at Morgan Stanley where he managed high grade fixed income portfolios exclusively for high net worth and ultra high net worth individuals. Upon his departure from Morgan Stanley in January 2008 his team was responsible for overseeing more than $5 billion in assets. Prior to joining Morgan Stanley, Mr. Gurtin served in a similar capacity with Merrill Lynch for four years (1995-1999), and with Goldman Sachs for 10 years (1985-1995).
Mr. Gurtin has been included in the Barron's listing of the Top 100 Wealth Advisors each of the four years following the inaugural survey in 2004. In 2007, Mr. Gurtin was one of only two advisors in the United States to be included in the Top 100 lists compiled by Barron's, Worth Magazine, and Registered Representative Magazine.
Mr. Gurtin graduated with honors from Brown University in 1982 with a B.S. in Applied Mathematics and Economics. He received an M.B.A. in Finance from the University of Chicago Graduate School of Business in 1985. While attending the University of Chicago, and prior to joining Goldman Sachs, Mr. Gurtin spent three years in brand management at the Quaker Oats Company.
Currently, Mr. Gurtin serves on The Board of Trustees and Finance Committee for the Francis Parker School, and the Southern California Executive Committee for Brown University.