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Tracy G. Herrick
Tracy Herrick retired from Jefferies and Co. following a quarter of a century with the firm. During the latter years he was a member of the Board of Directors and Chief Economist. He advised a sele...ver másTracy Herrick retired from Jefferies and Co. following a quarter of a century with the firm. During the latter years he was a member of the Board of Directors and Chief Economist. He advised a select group of governments, pension funds, and individuals concerning investment plans.
He is a leading spokesman for free markets. His book, “Smash Up Economics,” looks at these markets in light of a coming military struggle with communist China.
He was a founder of the Private Bank of the Peninsula, and for several years served as a director as well as chairman of the board’s investment committee.
He was vice President of Bank of America, initially in the Cashiers Division, which looked inward to the bank’s operations. Later, he was at the forefront of the bank’s World Banking Division, when the bank was the world’s largest.
While at the bank he wrote “Bank Analyst’s Handbook,” which is still the authoritative reference on the subject. It describes the special characteristics of banks which can develop their strengths and endure.
He is a co-correspondent to monthly surveys by the Wall Street Journal on the outlook for business and money market conditions, and twice was its most accurate contributor.
He holds advanced degrees in economics from Oxford University and Columbia University.ver menos