Jeff Rubin

Topics

Presentations

Economic Outlook
Mr. 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 Mr. Rubin’s work has often been the subject of national headlines and has been instrumental in raising key issues to the national spotlight. His many calls on the economy and financial markets, particularly with regard to interest rates and the Canadian dollar, earned him no less than 10 number one rankings in either 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 now 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 new 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 - it all hinges on the new reality of a world where demand for oil eventually outstrips supply. Whether we like it or not, our world is about to get a whole lot smaller.

Summary Profile

Jeff Rubin is the former chief economist for CIBC World Markets and widely recognized for accurately predicted soaring oil prices back in 2000. After almost 20 years with CIBC, he wrote his first book and is now one of the world's most sought-after energy experts.

As the author of the international best seller Why Your World is About to Get a Whole Lot Smaller, Rubin believes skyrocketing oil prices - not sub-prime lending - is responsible for the global economic crisis. As proof, he points to the recession that started in Japan and Germany first. He predicts oil prices will continue to rise, leading to dwindling oil supplies and increasing demand - this means oil will never be cheap again.

According to Rubin, the increasing cost of oil could lead to the end of globalization and the re-emergence of local economies, and it will stimulate the U.S. and Canadian economies. For example, it may become cheaper to produce steel within North America than to have it shipped in from overseas. We may even see a return to a stronger manufacturing sector here with North Americans making and fixing things - we will be doing different jobs than we have now.

Jeff Rubin is a dynamic and engaging speaker who isn't afraid of being controversial and offering a different opinion. He believes the new world will be more local and less global. There will be a local taste and predominantly different cultures and customs. His presentation will provide intriguing insight about what the future brings as the economic landscape continues to change.

Highlights 

• Author of Why Your World is About to Get a Whole Lot Smaller
• Former chief economist for CIBC World Markets

 Rave Reviews:

"If Jeff Rubin says something is coming, you better listen."

Canadian Business

"As former chief economist at investment bank CIBC World Markets, he brings a perspective to the debate that is original, engaging and persuasive." 

Financial Times

"Rubin's argument is powerful."

Newsweek