About the Author

John E. Silvia is a managing director and the chief economist for Wells Fargo. Based in Charlotte, North Carolina, he has held this position since he joined Wachovia in 2002 as the company's chief economist. For the past four years John has taught in the MBA program at Wake Forest and those lectures serve as the basis for the material of much of this book.

Prior to his current position, John worked on Capitol Hill as senior economist for the U.S. Senate Joint Economic Committee and chief economist for the U.S. Senate Banking, Housing and Urban Affairs Committee. Before that, he was chief economist of Kemper Funds and managing director of Scudder Kemper Investments, Inc. In 2009, John was named one of the Top 10 forecasters for the last four years by Bloomberg News and the No. 2 forecaster by USA Today for 2008.

John holds BA and PhD degrees in economics from Northeastern University in Boston and has a master's degree in economics from Brown University. Currently John teaches part-time in the MBA program at Wake Forest University.

John serves as a member of the Blue Chip Panel of Economic Forecasters and also serves on an informal advisory group for the Federal Reserve Bank of Philadelphia. He serves as chair for the Economic Advisory Committee of both the Securities Industry and Financial Markets Association (SIFMA) Economic Advisory Roundtable and the American Bankers Association.

John was a director of the National Association of Business Economics (NABE) and ...

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