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Astor IM CIO, John Eckstein invites Claudia Sahm, Claudia R. Sahm is an American economist. She was formerly director of macroeconomic policy at the Washington Center for Equitable Growth, and a Section Chief at the Board of Governors of the Federal Reserve System, where she worked in various capacities from 2007-2019. Sahm specializes in macroeconomics and household finance. She is the eponymous author of the Sahm Rule for identifying recessions in real-time.