| The broker H.C. Wainwright & Co. was a pioneer in producing topnotch company research beginning in the 1930s. That tradition remains the hallmark of the work produced by its successor, Wainwright Economics, which became an independent operation in 1978. Our expertise has grown along with the sophistication of the markets. There are no finer independent quantitative research products to be found in the marketplace today. |
R. David Ranson
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| R. David Ranson, President and Director of Research |
 | Prior to becoming a general partner of Wainwright in 1977, Mr. Ranson taught economics at the University of Chicago Graduate School of Business. He has been an assistant to then Treasury Secretary William E. Simon, and a member of George P. Shultz’s personal staff at the Office of Management and Budget. Prior to his service in Washington, he was a member of the Boston Consulting Group. David Ranson has addressed audiences and published articles on a wide range of economic and investment topics, and has provided testimony to a number of Congressional committees. His work has also appeared in the Wall Street Journal, The New York Times, The Christian Science Monitor and other publications. He holds an M.A. and B.Sc. degrees from Queen’s College, Oxford, and an M.B.A. in finance and a Ph.D. in business economics from the University of Chicago. |
| Penny M. Russell, Executive-Vice President |
 | Ms. Russell works closely with David Ranson on the quantitative research and co-authors and edits our monthly publications. She holds a B.S. in mathematics and has served as a member of the Washington State Software Development Board. |
| Luis de Agustin, Business Development Manager |
 | Luis brings Wainwright over two decades of business management and creative marketing experience. Prior to joining HCWE, he was Director of Marketing for Polyconomics, provider of geopolitical and financial markets analysis. As Director of Trading Methods for commodity futures funds manager Bold Futures LLC, he developed and supervised technical trading. He served as Portfolio Manager for DAB Value Fund, the long/short hedge fund he co-founded and directed for three benchmark surpassing years. As General Manager for Northlight Corporation, an international diamond & gold trader and jewelry manufacturer, he contributed to 10 year-over-year earnings improvements. He's been an urban planner for New York City, and worked many years as a media producer, writer and technician. Luis earned an MBA, Columbia Pacific University; MUP and BA, Hunter College. |
| Carole Cloos, Senior Analyst |
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Ms. Cloos holds a B.S. in economics with concentration in corporate economics from the University of Aix-Marseille 3 in France. She also earned an M.S. in international economics from Suffolk University in Boston with emphasis on econometrics, forecasting and international monetary economics. Prior to joining Wainwright Carole worked for CEDEL Bank International, Luxembourg and was a research assistant at the Economics Department & Beacon Hill Institute and adjunct professor in statistics at Suffolk University. She speaks economics in several languages including: Luxembourgish, French, English, German, and Spanish. Carole has been conducting research and analysis for Wainwright Economics since July, 2000.
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| Bruce G. Mills, Director–Information Design and Publishing |
 | Mr. Mills earned a BFA from Virginia Polytechnic Institute and State University. After work in instructional media development and corporate communications services, he completed an MBA at Golden Gate University in San Francisco. This led to senior management positions in corporate and marketing communications in the emerging personal computer industry, followed by development and marketing of digital imaging, prepress and publishing systems. Most recently he has provided marketing, development, information design and publishing expertise to technical publishers and systems developers in the information industry. He has been performing design, development, publishing and marketing duties for Wainwright Economics since April, 2003. |
| Joe Barron, Director–Information Technology |
 | Mr. Barron earned a B.A. Computer Science Arizona State Univercity and is an MCSA Microsoft Certified Systems Administrator and
MCDBA Microsoft Certified Database Administrator. Before joining Wainwright he held the following positions: GoodNet Internet Service Provider—Director of Research & Technology; Arkansas Oil & Gas Commission—Director Information Technology |
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