Jim Glassman is the Managing Director and Head Economist for Commercial Banking. From regulations and technology to globalization and consumer habits, Jim's insights are used by companies and industries to help them better understand the changing economy and its impact on their businesses.
Jim's work with the firm—combined with his independent research on the principal forces shaping the economy and financial markets—has earned him regular features in the media and as an economic commentator. He is also a long-standing participant in the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters and the National Association of Business Economists' (NABE) panel of macroeconomic forecasters.
From 1979 through 1988, Jim served as a Senior Economist in the Research & Statistics and Monetary Affairs departments at the Federal Reserve Board in Washington, DC. While there, he analyzed and forecasted inflation, labor market developments, the Federal Reserve's operating strategies and interest rate markets, and he developed monetary and reserves projections. He joined Morgan Guaranty in 1988 and Chemical Bank in 1993, which, through a combination of mergers, became JPMorgan Chase & Co.
Jim earned a bachelor's degree from the University of Illinois at Urbana-Champaign and a master's degree in Economics from the University of Illinois at Chicago. He was awarded a Ph.D. in Economics from Northwestern University.
The average saving rate among American households has been declining, but that could be a sign of overall financial strength.Read article about The Difference Between Saving and Savings
In economics, the popular take isn’t always the right one. It’s important to dig past the headline to get the whole story.Read article about 6 Flawed Assumptions About the Economy
From global growth to changes in the labor market, these are the economic takeaways to know about the third quarter.Read article about 5 Lessons from 3Q 2017