SOURCE: John Thomas Financial

John Thomas Financial

May 26, 2010 13:34 ET

John Thomas Financial Hires Chief Market Economist

Mike Norman Named Chief Market Economist

NEW YORK, NY--(Marketwire - May 26, 2010) -  John Thomas Financial, a full service Broker Dealer offering client-centric retail brokerage and investment banking services, announced today that it has hired renowned economist and frequent television business news contributor Mike Norman as the Firm's Chief Market Economist.

CEO and Founder Thomas Belesis stated that "it is our distinct privilege to hire a person with Mr. Norman's qualifications, experience and track-record of astute macro-economic forecasting. His addition to our team further demonstrates John Thomas Financial's commitment to providing clients with top-notch resources in helping them make investment decisions in these turbulent financial markets."

About Mike Norman
Mike Norman is an international economist and former trader whose career spans over thirty (30) years on Wall Street. He started his career as an Account Executive at Merrill Lynch Commodities in 1979. He left there in 1982 to become a member and floor trader on the New York Futures Exchange and eventually went on to become a member of three other U.S. futures exchanges (NYMEX, COMEX, CME). During the 1980s he built a successful floor brokerage business on the NYMEX that performed order execution for oil companies, investment funds and wire houses. In 1990 he was hired by a major Swiss bank and moved to Geneva, Switzerland to set up a proprietary trading desk that specialized in the trading of bond and index futures on exchanges in Chicago and London. In 1993 Mr. Norman left the bank to trade on his own and he also founded an economic research firm that delivered his proprietary research to major banks and institutions.

Mr. Norman returned to New York in 2000 and continued to trade actively with a focus in Forex. He became a very sought after TV commentator and was seen regularly on CNBC, Bloomberg, CNNfn and Fox News. In 2003 he signed with Fox business network as an exclusive contributor and continues to appear on a regular basis on Fox Business programs. He is an expert on fiscal and monetary policy and writes a blog that focuses on these areas. In addition, he is involved in the production of easy-to-understand videos discussing economic concepts that are distributed to school children. Mr. Norman has a BA in economics from the University of Pennsylvania and a Masters Degree from UCLA. He's a frequent guest speaker at numerous corporate and investment-related events and had the honor of presenting his economic outlook at the Army War College. 

About John Thomas Financial
John Thomas Financial, member of the FINRA and SIPC, is an Independent Broker Dealer and Investment Banking firm headquartered in New York City's Wall Street district, with a growing network of branch offices throughout the country. Emphasizing a client-centric approach to managing all aspects of its business, the firm offers a full complement of retail brokerage and corporate advisory services tailored to the unique needs of its clients. For more information on the firm, please visit www.johnthomasbd.com.

Contact Information

  • CONTACT INFO:
    Ken Norensberg
    Luxor Financial Group, Inc
    29 Frost Lane
    Lawrence, NY 11559
    347-284-0110
    www.luxorbd.com