Joe Carson, a sellside economist for nearly two decades, most recently at UBS Warburg prior to its merger with PaineWebber, has joined Alliance Capital Management in New York. As U.S. economist, Carson reports to Selig Sechzer, head of fixed-income economic and risk research in New York. Sechzer describes Carson's duties as "working on a real-time basis with our traders and portfolio managers," as well as putting out a weekly piece for internal use. Carson, who joined two weeks ago, would not comment on his appointment.
An official at UBS in Stamford, Conn., where Carson was head of U.S. economic research prior to joining Alliance, confirmed Carson left when the chief economist title passed to Maury Harris of PaineWebber. At UBS, Carson reported to Chief of Global Economic Research, George Magnus, who is based in London.