Macro-strategist Steven Blitz is joining Real Money as a columnist focusing on how investors should play U.S. economic data, fiscal and monetary policy.
"I want to separate the 'noise' from what's real," Blitz said in an interview. "An awful lot of what I think of as nonsense that gets written and disseminated. It supports the 'momentum of the moment' in the markets, but doesn't [tell you] where the market is going or what's really going on."
The expert said that by contrast, he'll "take the news of the day and put it into context. Hopefully, that will give investors a better sense of which way to invest."
Blitz is a market veteran who started his career doing econometric modeling at Data Resources Inc. He later created derivatives-market strategies for Salomon Brothers, managed fixed-income portfolios at Offitbank and became Lazard Asset Management's global head of fixed-income.
More recently, Blitz served as chief economist at M Science LLC (formerly named Majestic Research and ITG IR), where he utilized so-called "big data" to support his analysis of the U.S. economy and monetary policy. The columnist holds a bachelor's degree in economics from New York University and a master's degree in economics from Columbia University's Graduate School of Arts and Sciences.
Blitz said he hopes to help Real Money subscribers by serving as "somebody who can read through the fluff and see what's truly the underlying trend."
Click here to read his first Real Money column.
