David Malpass is President of Encima Global, an economic research and consulting firm serving institutional investors and corporate clients. His work provides insight and analysis on global economic and political trends, with investment research spanning equities, fixed income, commodities, and currencies. Formerly Bear Stearns’ Chief Economist, Mr. Malpass’s team ranked second in the Institutional Investor ranking of Wall Street economists in 2005, 2006, and 2007.
Mr. Malpass co-authors the Current Events column in Forbes magazine, and his opinion pieces appear regularly in The Wall Street Journal. He sits on the boards of the Economic Club of New York, the Council of the Americas, and the National Committee on U.S.-China Relations.
Between February 1984 and January 1993, Mr. Malpass held economic appointments during the Reagan and Bush Administrations. He was Deputy Assistant Treasury Secretary for Developing Nations, a Deputy Assistant Secretary of State, Republican Staff Director of Congress’s Joint Economic Committee, and Senior Analyst for Taxes and Trade at the Senate Budget Committee.
In his government positions, Mr. Malpass worked on an array of economic, budget and international issues, including: the 1986 tax cut, several congressional budget resolutions, the Gramm-Rudman budget law, the savings and loan bailout, NAFTA, the Brady plan for developing country debt, and fast-track trade authority. He was a member of the government’s Senior Executive Service and testified frequently before Congress.
From 1977-83, Mr. Malpass worked as a CPA with Arthur Andersen’s systems consulting group, the Controller at Consolidated Supply Co., and a contract administrator at Esco Corporation, a steel foundry.
Mr. Malpass received a B.A. in Physics from Colorado College and an M.B.A. from the University of Denver. He studied international economics at Georgetown University's School of Foreign Service, and speaks Spanish, French, and Russian.