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    From S&P Global
    Press Release: S&P Global Merges With IHS Markit

    On February 28, 2022, S&P Global completed its merger with IHS Markit, the next step in delivering data, technology and expertise that accelerates progress.

    Read: 2021 Annual Report

    As great as last year was for our company, in many ways 2022 is shaping up to be even better. In February, we closed a transformative merger with IHS Markit. We believe combining our two companies will create substantial long-term value for all our stakeholders.

    Read: S&P Global Foundation

    The S&P Global Foundation is about much more than philanthropy—we are about making a difference by finding and developing essential connections between the knowledge- and skill-driven work of S&P Global and the needs of society.

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    Read: Utility at a cost: Assessing the risks of blockchain oracles

    Oracles are protocols that enable blockchains to both import and export off-chain data for use in smart contracts, as well as enable cross-chain communication. Evaluating the risks of smart contracts also means considering the key vulnerabilities introduced by oracles: concentration, data quality and technical risks.

    Read: Will Oil and Gas Producers Lose Access to External Financing as Lenders Decarbonize?

    Despite longer-term pressures on funding sources, a focus on cash flow generation and debt repayment, along with higher oil prices and slower demand growth, has reduced external financing needs for the sector, a trend we expect to continue for the foreseeable future.

    Read: Metaverse and Generative AI: Envisioning the Future of Human-Computer Interaction

    Technology hasn’t quite caught up to the metaverse’s potential for improving human interconnectedness and emulating physical processes, but the enablement of its use cases will inevitably bear advancements in technology and computing power.

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Joel Prakken, Ph.D.

Chief US Economist and co-head of US Economics, Research Advisory Specialty Solutions, S&P Global Market Intelligence

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Dr. Joel Prakken is the Chief US Economist at S&P Global Market Intelligence.

A thought-leader on US economic outlook, monetary policy forecasts and fixed income markets with over 30 years of experience and expertise as a macroeconomic modeler, Dr. Joel has developed an unmatched structural-econometric model of the US economy. He co-founded Macroeconomic Advisers which was acquired in 2017. Prior to founding Macroeconomic Advisers, Dr. Joel held the position of senior economist at the World Headquarters of the IBM Corporation and before that he served with the Federal Reserve Bank of New York, US. He also has held positions on the faculties of New York University's Graduate School of Business, the Economics Department of Washington University, and the Olin School of Business at Washington University. He is the past president and a fellow of the National Association for Business Economics (NABE). He is also past president of the Gateway Association of Business Economists in Saint Louis. Dr. Joel has many publications to his credit, including papers written for the Council of Economic Advisers, the American Council for Capital Formation, and the Center for the American Study of Business on topics ranging from tax reform to budget policy to monetary policy to the impact of technology on productivity. He has testified on these topics before committees in both the US House of Representatives and the Senate. Dr. Joel has participated in meetings of the Outside Consultants to Board of Governors of the Federal Reserve System, is a past member of the Panel of Economic Consultants to the Congressional Budget Office and is a current member of the advisory committee of the Bureau of Economic Analysis.

Dr. Joel completed his undergraduate degree in economics at Princeton University, and holds an MA and Ph.D. in economics from Washington University in Saint Louis, United States.

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