With the decline in oil prices, many people are cheering. However, we are still facing the biggest deficit in history. News media continues to report that the economy is in recovery, yet many people are still struggling just to survive. Why are food prices still going up and what’s going on with interest rates? “It’s not the economy, stupid.” Andrew Hoffman returns to recap recent economic events and to set our expectations for what is to come in this interview with Regina Meredith.
Andrew ("Andy") Hoffman, CFA joined Miles Franklin as Marketing Director in October 2011. For a decade, he was a U.S.-based buy-side and sell-side analyst, most notably as an II-ranked oil service analyst at Salomon Smith Barney from 1999 through 2005. Since 2002, his focus has been entirely on Precious Metals, and since 2006 has written free missives regarding gold, silver, and macroeconomics. Prior to joining the company, he spent five years working as an Investor Relations officer or consultant to numerous junior mining companies.