This year has proven tough for investors in bonds and stocks alike. Stocks are in bear market territory, and many bond funds have fallen around 20%, too, as rates have…
Phil Mackintosh is Chief Economist and a Senior Vice President at Nasdaq. His team is responsible for a variety of projects and initiatives in the U.S. and Europe to improve market structure, encourage capital formation and enhance trading efficiency. Phil has over 30 years of experience in the Finance industry. Prior to joining Nasdaq, he was the Head of Trading Strategy & Analysis at KCG/Virtu Financial. He has also served as the Global Head of Trading Strategy at Credit Suisse and the Head of Index Portfolios at County Investment Management. He started his career at KPMG and is also a Chartered Accountant. Phil has a unique blend of operational risk, buy-side and sell-side experience. Over the past 20 years, he has published research on indexes, ETFs, market structure, trading and retail investors.