Henry Kaufman

Henry Kaufman (born 1927 in Germany) is an American economist and financial consultant. Born in a small village in Germany, in the late 1930s his family left, fleeing the Nazi regime. Currently president of Henry Kaufman & Company Inc., from 1962 to 1988 Kaufman worked at Salomon Brothers Inc, where he was Managing Director and member of the Executive Committee. He was also a Vice Chairman of the parent company, Salomon Inc. Before joining Salomo... more

Henry Kaufman (born 1927 in Germany) is an American economist and financial consultant. Born in a small village in Germany, in the late 1930s his family left, fleeing the Nazi regime. Currently president of Henry Kaufman & Company Inc., from 1962 to 1988 Kaufman worked at Salomon Brothers Inc, where he was Managing Director and member of the Executive Committee. He was also a Vice Chairman of the parent company, Salomon Inc. Before joining Salomon Brothers, Dr. Kaufman served as an economist at the Federal Reserve Bank of New York. He was well-known during the 1970s and early 1980s for the interest rate forecasts he wrote for Salomon, and for their bearish views, generally predicting that bond prices would decrease (interest rate would increase). Thus, he earned the nickname "Dr. Doom." However, Kaufman’s prediction on August 17, 1982 that interest rates would fall sparked a stock market rally that can be dated as the beginning of the 1980’s bull market. Dr. Kaufman received a B.A.... less