Tony Crescenzi(Newport Beach, CA) is Executive VP, Market Strategist, and Portfolio Manager for PIMCO. He was previously chief bond market strategist at Miller Tabak, where he worked for 23 years, creating the firm's asset management division and serving as chairman. His books includeInvesting from the Top Down; a recent fourth edition of Marcia Stigum's classicThe Money Market, andThe Strategic Bond Investor, Second Edition. He appears regularly on CNBC and Bloomberg, has guest-hostedThe Wall Street Journal Report with Maria Bartiromo,and taught at Baruch College's executive MBA program for ten years.