Steven Strongin (born July 30, 1958) is a Senior Advisor at Goldman Sachs.[1] Previously, he was the head of Global Investment Research and chair of the Global Markets Institute at Goldman Sachs.[2] He was a member of the Management Committee, Firmwide Client and Business Standards Committee and was also co-chair of the Firmwide Technology Risk Committee. Strongin's writing on economic policy, investing and financial trends is featured across many news sources including The Wall Street Journal, Bloomberg News, and Business Insider.[3][4][5] His article, “Beating Benchmarks,” won the Second Annual Bernstein Fabozzi/Jacobs Levy Award for Outstanding Article after it was published in the Journal of Portfolio Management.[6] He holds three patents for financial instruments. One of his patents was the Wavefront system, which describes how economic shocks ripple through the economy into company performance, market value and equity returns in the US market.[7]

Steven H. Strongin
BornJuly 30, 1958
Allentown, Pennsylvania
NationalityAmerican
Occupation(s)Head of Global Investment Research, Goldman Sachs

Career

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He joined Goldman Sachs in 1994, and became a managing director in 1998 and partner in 2002.[8] Prior to joining the firm, Strongin served as director of monetary policy research at the Federal Reserve Bank of Chicago after a twelve-year career in the Economic Research Department.[9][10] He also served as an economist at the center for the Study of Economy and State at the University of Chicago and a researcher at PanHeuristics.[11]

At Goldman Sachs, Strongin serves on the advisory board to the RAND Center for Corporate Ethics and on the visiting committee to the college at the University of Chicago.[12][13] He also serves as a director on the boards for the Ocean Conservancy and previously served as a director for New York City's Fund for Public Schools.[14][15] He is a distinguished visiting professor at the Pardee RAND Graduate School. Strongin is a jury member for the World Resources Institute's Ross Prize for Cities[16] and he is on the advisory council for the Becker Friedman Institute at the University of Chicago.[17]

Selected publications

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  • Strongin, Steve and Tarhan, Vefa (1990). “Money Supply Announcements and the Market's Perception of Federal Reserve Policy.” 22(2), Journal of Money, Credit and Banking, 135 – 153.[18]
  • Strongin, Steve (1995). “The Identification of Monetary Policy Disturbances Explaining the Liquidity Puzzle.” 35(3), Journal of Monetary Economics, 463 – 497.[19]
  • Peterson, Bruce and Strongin, Steve (1996). “Why are Some Industries More Cyclical than Others?.” 14(2), Journal of Business & Economic Statistics, 189 – 198.[20]
  • Strongin, Steve and Petsch, Melanie (1997). “Protecting a Portfolio against Inflation Risk.” Investment Policy, 1(1), 63 – 82.[21]
  • Strongin, Steve and Petsch, Melanie (1999). “Creating Shareholder Value: Turning Risk Management into a Competitive Advantage.” The Journal of Risk Finance, 1(1), 11 – 27.[22]
  • Steve Strongin, Melanie Petsch and Greg Sharenow (Summer 2000), “Beating Benchmarks,” The Journal of Portfolio Management 26(4) 11 -27.[23]
  • Strongin, Steve (2014).  “Too Big to Fail” from an Economic Perspective.” Across the Great Divide: New Perspectives on the Financial Crisis. Chapter 12.[24]
  • Strongin, Steve; Hindlian, Amanda; Lawson, Sandra; Maxwell, Katherine; Sadan, Koby; and Banerjee, Sonya (2015). “The Two-Speed Economy.” Goldman Sachs Global Markets Institute.[25]
  • Strongin, Steve; Lawson, Sandra; Banerjee, Sonya; Hinds, Michael; Maxwell, Katherine; and Shan, Hui (2016). “Narrowing the Jobs Gap: Overcoming Impediments to Investing In People.” Goldman Sachs Global Markets Institute.[26]
  • Strongin, Steve; Lawson, Sandra; Banerjee, Sonya; Hindlian, Amanda; and Shan, Hui (April 2019). “What the Market Pays For.” Goldman Sachs Global Markets Institute.[27]
  • Strongin, Steve; Hindlian, Amanda; Lawson, Sandra; and Banerjee, Sonya (May 2019). “The Competitive Value of Data.” Goldman Sachs Global Markets Institute.[28]
  • Strongin, Steve; Hindlian, Amanda; Lawson, Sandra; Banerjee, Sonya; and Duggan, Dan (July 2019) "A Survivor's Guide to Disruption." Goldman Sachs Global Markets Institute.[29]
  • Strongin, Steve; Mirabal, Deborah (May 2020) "The Great Reset: A Framework for Investing After COVID-19." Goldman Sachs Global Portfolio Analysis.[30]
  • Strongin, Steve; Mirabal, Deborah (July 2020) "Sustainable ESG Investing: Turning Promises Into Performance." Goldman Sachs Global Portfolio Analysis.[31]

References

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  1. ^ "Goldman Sachs | Management Committee - Steven H. Strongin". Goldman Sachs. Retrieved 2020-03-19.
  2. ^ "Goldman names Steve Strongin to run global research". Market Watch. April 11, 2007. Retrieved 11 November 2018.
  3. ^ Reilly, Ryan Tracy and David. "Fed Governors Signal Bigger Bank Capital Requirements Looming". WSJ. Retrieved 2018-11-11.
  4. ^ Nishizawa, Nana (February 7, 2018). "Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says". Bloomberg. Retrieved November 11, 2018.
  5. ^ GmbH, finanzen.net. "Ripple's XRP is the biggest loser of the cryptocurrency bloodbath | Markets Insider". markets.businessinsider.com. Retrieved 2018-11-11.
  6. ^ Strongin, Steve; Petsch, Melanie; Sharenow, Greg (2000-07-31). "Beating Benchmarks". The Journal of Portfolio Management. 26 (4): 11–27. doi:10.3905/jpm.2000.319761. ISSN 0095-4918. S2CID 219219464.
  7. ^ "US7949590B2". April 16, 2014.
  8. ^ "FT US Banking Forum 2017 organised by FT Live". FT Live. Retrieved 2018-11-11.
  9. ^ "GS Company Profile & Executives – Goldman Sachs Group Inc. – Wall Street Journal". quotes.wsj.com. Retrieved 2019-06-24.
  10. ^ "Steven Strongin - Federal Reserve Bank of Chicago". www.chicagofed.org. Retrieved 2019-06-24.
  11. ^ "Steven Harris Strongin: Executive Profile & Biography – Bloomberg". www.bloomberg.com. Retrieved 2019-06-24.
  12. ^ Monica, 1776 Main Street Santa; California 90401-3208. "Corporate Ethics and Governance". www.rand.org. Retrieved 2019-06-24.{{cite web}}: CS1 maint: numeric names: authors list (link)
  13. ^ "Secure Directory | Visiting Committees & Councils | The University of Chicago". visitingdirectory.uchicago.edu. Retrieved 2019-06-24.
  14. ^ "Conversation with Steve Strongin, Head of Global Investment Research, Goldman Sachs". Johns Hopkins School of Advanced International Studies. June 24, 2019.
  15. ^ "Leadership & Board of Directors". Ocean Conservancy. 2017-02-13. Retrieved 2019-06-24.
  16. ^ "Jury". prizeforcities.org. Retrieved 2021-01-20.
  17. ^ "Our Team". BFI. Retrieved 2021-01-20.
  18. ^ Strongin, Steven; Tarhan, Vefa (May 1990). "Money Supply Announcements and the Market's Perception of Federal Reserve Policy". Journal of Money, Credit and Banking. 22 (2). JSTOR: 135–153. doi:10.2307/1992303. hdl:2027/uc1.31822006627749. JSTOR 1992303.
  19. ^ Strongin, Steven (June 1995). "The identification of monetary policy disturbances explaining the liquidity puzzle". Journal of Monetary Economics. 35 (3). ScienceDirect: 463–497. doi:10.1016/0304-3932(95)01197-V.
  20. ^ Petersen, Bruce; Strongin, Steven (1996). "Why Are Some Industries More Cyclical Than Others?". Journal of Business & Economic Statistics. 14 (2). EconPapers: 189–98. Retrieved 12 December 2018.
  21. ^ Strongin, Steven; Petsch, Melanie (1997). "Protecting a portfolio against inflation risk". Investment Policy. Investment policy. - Ithaca, NY, ZDB-ID 2024113-6. - Vol. 1.1997, 1, p. 63-82. 1 (1). EconBiz. Retrieved 12 December 2018.
  22. ^ Strongin, Steve; Petsch, Melanie (December 1999). "Creating Shareholder Value: Turning Risk Management into a Competitive Advantage". The Journal of Risk Finance. 1: 11–27. doi:10.1108/eb022934. Retrieved 12 December 2018.
  23. ^ Strongin, Steve; Petsch, Melanie; Sharenow, Greg (2000). "Beating Benchmarks". The Journal of Portfolio Management. 26 (4): 11–27. doi:10.3905/jpm.2000.319761. S2CID 219219464.
  24. ^ Baily, Martin Neil (2014-11-01). Across the Great Divide: New Perspectives on the Financial Crisis. Hoover Institution Press. ISBN 9780817917869.
  25. ^ "The Two-Speed Economy". Goldman Sachs. April 2015. Retrieved 12 December 2018.
  26. ^ "Narrowing the jobs gap: overcoming impediments to investing in people" (PDF). Goldman Sachs. 1 July 2016. Retrieved 12 December 2018.
  27. ^ "Goldman Sachs | Insights – What the Market Pays For". Goldman Sachs. Retrieved 2019-05-22.
  28. ^ "Goldman Sachs | Insights – The Competitive Value of Data". Goldman Sachs. Retrieved 2019-07-28.
  29. ^ Wright, Lawrence. "The Plague Year". The New Yorker. Retrieved 2021-01-20.
  30. ^ Newman, Alex (June 11, 2020). "Further Reading: Goldman Sachs' guide to post-pandemic investing". Investors' Chronicle. Retrieved January 20, 2021.
  31. ^ "Sustainable ESG Investing: Turning Promises into Performance - Exchanges at Goldman Sachs". iHeartRadio. Retrieved 2021-01-20.

External sources

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Congressional testimony

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