Jeff Rubin

Jeff Rubin

Economist | Energy Expert | Bestselling Author

Jeff Rubin was one of the first economists to predict triple digit oil prices back in 2005. One of the world’s leading energy experts, Rubin speaks to why the end of cheap oil means the end of easy answers to renewing prosperity — and the end of globalization as we now know it. Rubin was the former Chief Economist at CIBC World Markets (for almost 20 years), and is currently a Senior Fellow at the global think tank, the Centre for International Governance Innovation (CIGI). He is also the bestselling author of Why Your World Is About to Get a Whole Lot Smaller, The End of Growth, The Carbon Bubble, and his upcoming book, The Expendables.

For two decades, Rubin was the chief economist and managing director of the investment bank CIBC World Markets. During that time, he received 10 number one citations from Brendan Wood International as the top-ranked economist in Canadian financial markets. In 2007, Jeff was appointed as the firm’s chief equity strategist in addition to his responsibilities as chief economist.

Rubin resigned from CIBC World Markets in 2009 to pursue an independent career as an author and public speaker. His first book, Why Your World Is About to Get a Whole Lot Smaller, was an international bestseller which became the number-one-selling non-fiction book in Canada. It won the National Business Book Award, and was long-listed for the Financial Times and Goldman Sachs Business Book of the Year Award in the UK.

In addition, Rubin’s many insights into the world energy markets have made the front page of the New York Times and the Wall Street journal, and have been cited in the Economist, Newsweek, and USA Today.

Economic Outlook

Jeff Rubin first caught the attention of financial markets in 1989 with his now-famous call for a 25 per cent decline in Toronto real estate prices. Since then, his work has often been the subject of national headlines and has been instrumental in bringing key issues to the national spotlight. His many predictions on the economy and financial markets, particularly with regard to interest rates and the Canadian dollar, earned him no less than ten number one rankings in the Brendan Woods annual survey of institutional equity or fixed income investors. The largest fund managers in North America, Europe and the Far East value his expertise, which he shares with audiences world-wide.

Oil and the End of Globalization

What do subprime mortgages, Atlantic salmon, SUVs and globalization have in common? They all depend on cheap oil. And in a world of dwindling oil supplies and steadily mounting demand around the world, oil will never be cheap again. In his ground-breaking book, Why Your World Is About to Get a Whole Lot Smaller: Oil and the End of Globalization, renowned economist and energy expert Jeff Rubin explains how skyrocketing oil prices (not subprime lending) caused the recession, and why the rising cost of oil will reverse globalization. Interest rates, carbon trading, inflation, farmer’s markets, and the wave of trade protectionism washing up all over the world in the wake of various economic stimulus and bailout packages all hinge on the new reality of a world where demand for oil eventually will outstrip our supply. Whether we like it or not, our world is about to get a whole lot smaller.