Joseph A. LaVorgna is a managing director and serves as chief U.S. economist in charge of U.S. macroeconomic research for Global Markets, Deutsche Bank Securities. He joined Deutsche Bank in 1997 from Lehman Brothers, where he was a vice president in the Fixed Income Division. He is a frequent commentator for CNBC as well as various other media outlets. Prior to joining Lehman, LaVorgna was an economist at UBS Securities, and he started his professional career at the Federal Reserve Bank of New York in 1992, where he was an economist on the Monetary Analysis and Projections Staff. LaVorgna and his colleagues were ranked No. 1 in economics in the 2010 Institutional Investors' All-Star Fixed Income Survey. He is a graduate of Vassar College.