CW 392: Importing Deflation & Globalization with Joel Naroff Author of 'Big Picture Economics: How to Navigate the New Global Economy'

Joel Naroff is the Founder, President & Chief Economist with Naroff Economic Advisors and a member of the Newsmax Financial Braintrust Alliance. He's also the author of, "Big Picture Economics: How to Navigate the New Global Economy."   Naroff gives his take on the economic recovery and when he expects inflation to hit, if at all. He also discusses the effects tax cuts have on the economy.    Naroff then talks about international economic hotspots and where people should produce and sell in our global economy. He thinks certain international events can ripple through the economy and ultimately affect workers in the Midwest.    Joel L. Naroff is the president and founder of Naroff Economic Advisors, a strategic economic consulting firm. He advises companies across the country on the risks and opportunities that economic developments may have on the organization’s operating environment.     A nationally recognized economic forecasting expert, Joel has received numerous honors. In 2011, he received the National Association for Business Economics Outlook Award as the top economic forecaster. NABE is the premier professional association for business economists. He also received the award in 2007. In 2008, he was awarded the Lawrence Klein Award for Blue Chip forecasting excellence. This is one of the oldest and most prestigious forecasting honors. Joel was the Bloomberg Business News top economic forecaster in 2008. In 2006, he was MSNBC’s top forecaster.     Joel received his bachelor degrees in economics and chemistry from the Stony Brook University and his Ph.D. in economics from Brown University. He is a member of the Board of Directors of the Economy League of Greater Philadelphia, teaches at the Central Atlantic Advanced School of Banking, is a past chairman of the American Bankers Association’s Economic Advisory Committee and is a past president of the Philadelphia Council of Business Economists.    Find out more about Joel Naroff's research by visiting www.econsultsolutions.com.