Background
David Karsbøl is the head of the Saxo Bank Strategy Team and is responsible for the overall macro economic views of Saxo Bank. He has a master's degree in economics (cand.polit.) from the University of Copenhagen, where he specialized in finance, statistics and monetary economics. His master's thesis was about the pricing of gold since 1971 and he is known for his contrarian thoughts. He is available for comments on the macro economic situation and forecasts.
David Karsbøl concentrates on Business Cycle Analysis and subscribes to the reasoning of the so-called Austrian School of Economics (Menger, Schumpeter, von Mises, von Hayek etc.). He believes that understanding debt cycles is integral in understanding the general business cycle.
After having worked as an insurance analyst in Tryg A/S, he joined Saxo Bank in 2003 to work under Steen Jacobsen, who is in charge of the bank's hedge funds programme. David Karsbøl worked as a macro strategist until he joined the Strategy Team in 2005. He has headed the Strategy Team since the summer, 2007.
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