David L. Smith Profile
David L. Smith has the education, experience and proven track record to reassure audiences he knows what he is talking about. A Dartmouth -- and Stanford -- trained economist, futurist and market strategist, Smith's views have intrigued audiences for 25+ years in the U.S., Canada, Mexico, Europe and Japan. A seasoned, compelling speaker, Smith's informative and entertaining presentations provide stimulating, thought-provoking economic and financial insight, accurate forecasts and profitable strategies highly customized to meet the needs of diverse audiences.
With singular independence of mind and uncanny insight, Smith explains what is going on in the global economy and financial markets-the good, the bad and the ugly - and how investors and businesses can avoid surprises and deploy resources so as to avoid losses and capture profits in volatile times. If you want "conventional wisdom" try the punditocracy; however if you want to know what is really going on and how to profit from it, listen to David L. Smith.
As an independent economist, Mr. Smith has been praised for his objective and original insight, free of commercial bias. Rejecting the herd instincts of the conventional wisdom, Smith's uncanny forecasts and profitable strategies have enabled his audiences to reap handsome rewards and avoid substantial losses from numerous major events including:
• The 1986 oil price crash and subsequent booming economy and financial markets
• The 1987 stock market crash. Exit signal given October 16, 1987, 3 days before crash.
• Rebounding economy and stock market. Re-entry signal October 31, 1987.
• The 1990-91 Gulf War, oil-price spike, stock market slump and recession
• The sluggish stock market in 1994
• The resumption of the bull market in 1995
• The peak in the stock market in 2000. Exit signal given January 4, 2000
• The recession of 2001
• The bull market in gold immediately following 9/11/01
• The devaluation of the dollar beginning in 2002
• The Third Oil Shock beginning in 2003 and ensuing inflation
• The economic and stock market rebound in 2003. Re-entry signals April-June 2003
• The "Stagflation" of 2008
Born and raised in Argentina, David L. Smith colors his presentations with a bi-cultural, international perspective. Mr. Smith earned his bachelor's degree with honors in economics from Dartmouth College and his master's degree in finance with distinction from the Stanford Graduate School of Business. His broad perspective on the world economy and financial markets was gained through a 30-year career in the financial arena, including securities analysis with Wells Fargo Bank, Shuman Agnew (an NYSE-member firm later acquired by Morgan Stanley) and Capital Analysts, a national NASD-member firm; mergers and acquisitions with Piper Aircraft Corporation; national securities underwriting as president and CEO of Alma Securities, an NASD-member firm, and as author of Cyclical Investing now in its 25th year of publication and more recently, The Cassandra Chronicles, an invitation to think outside the box by "studying the present in light of the past for purposes of the future." (J.M. Keynes)
He is quoted in the print and broadcast press, including national magazines such as Money and Financial Planning, The Financial Times of London's The Banker and newspapers including The Wall Street Journal Online, television, including CNBC, PBS and many local television and radio stations.