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David M. Blitzer is managing director and chairman of the Index Committee with overall responsibility for index security selection, as well as index analysis and management.
Prior to becoming Chairman of the Index Committee, Dr. Blitzer was Standard & Poor’s Chief Economist. Before joining Standard & Poor's, he was Corporate Economist at The McGraw-Hill Companies, S&P's parent corporation. Prior to that, he was a Senior Economic Analyst with National Economic Research Associates, Inc. and did consulting work for various government and private sector agencies including the New Jersey Department of Environmental Protection, the National Commission on Materials Policy and Natural Resources Defense Council.
Dr. Blitzer is the author of Outpacing the Pros: Using Indices to Beat Wall Street’s Savviest Money Managers, (McGraw-Hill, 2001) and What’s the Economy Trying to Tell You? Everyone’s Guide to Understanding and Profiting from the Economy, (McGraw-Hill, 1997). In the year 2000, Dr. Blitzer was named to SmartMoney magazine’s distinguished list of the 30 most influential people in the world of investing, which ranked him seventh, and in the year 1998, Dr. Blitzer was named the nation’s top economist, receiving the Blue Chip Economic Forecasting Award for most accurately predicting the country’s leading economic indicators for four years in a row. A well-known speaker at investing and indexing conferences, Dr. Blitzer is often quoted in the national business press, including the New York Times, Wall Street Journal, USA Today, Financial Times, and various other financial and industry publications. He is frequently heard on local and national television and radio.A graduate of Cornell University with a B.S. in engineering, Dr. Blitzer received his M.A. in economics from the George Washington University and his Ph.D. in economics from Columbia University.
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RealtyTrac® (www.realtytrac.com), released its U.S. Foreclosure Market Report™ for September and the third quarter of 2014, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 317,171 U.S. properties in the third quarter, down 16 % from a year ago but up 0.42 % from the previous quarter — […]
August housing starts, reported today, were disappointing at 956,000 units, a drop of 14.4% from July and 8% from August last year. Only twice this year have monthly reports of housing starts topped a million units at annual rates – from 1991 to the financial crisis in 2008, starts were never below one million. To […]
RealtyTrac® released its Q2 2014 U.S. Institutional Investor & Cash Sales Report, showing all-cash sales accounted for 37.9% of all sales of single family homes and condos nationwide in the second quarter, down from a three-year high of 42.0% in the previous quarter but up from 35.7% in a year ago. The report also shows […]
RealtyTrac® reported today that there were foreclosure filings — default notices, scheduled auctions and bank repossessions — in July 2014 on 109,434 U.S. properties, an increase of 2% from the previous month but down 16% from a year ago. One in every 1,203 U.S. housing units with a foreclosure filing during the month. July was […]
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Existing homes continue to out-pace new homes. Sales of existing homes in June were 5.04 million, up 2.6% for the best number in eight months while new home sales dropped 8.1% in June from May to 406 thousand. Housing starts were weak as well, down 9% to 893 thousand starts at annual rates. Single family […]
RealtyTrac® released its Midyear 2014 U.S. Foreclosure Market Report™ on July 17th, which shows a total of 613,874 U.S. properties with foreclosure filings — default notices, scheduled auctions and bank repossessions — in the first half of 2014, a 19 percent decrease from the previous six months and down 23 percent from the first half […]