Marc Sumerlin

Managing Partner​


Evenflow Macro was founded by Marc Sumerlin. Previously, Mr. Sumerlin spent ten years as Managing Director of the Lindsey Group, a global economic consulting firm. During that time he traveled extensively to Japan, China, Arabia, Germany, Great Britain, France, Italy, and Switzerland. From 2001 to 2002 Mr. Sumerlin served as Deputy Assistant to the President for Economic Policy and Deputy Director of the National Economic Council.  In that capacity, he helped the President of the United States develop and implement his economic agenda.  He also worked as an economic policy advisor for George W. Bush for President, after starting his career at the U.S. Senate Budget Committee.​

Mr. Sumerlin holds a Master of Arts in Applied Economics from Johns Hopkins University and a Master of Public Policy from Duke University, where he was a Senator Jacob Javits Fellow.  He graduated Magna Cum Laude from Georgetown University.  Mr. Sumerlin currently serves as a board member of Dhow Arabia, a Hunt Consolidated affiliate based in Kuwait City, and is on the board of the Virginia Hospital Center Medical Brigade.

Phillip Swagel



Phillip Swagel is an advisor to Evenflow Macro and contributes to the firm’s economic and policy analysis.   Mr. Swagel is a Professor of International Economic Policy at the University of Maryland’s School of Public Policy; he was Assistant Secretary for Economic Policy at the Treasury Department from December 2006 to January 2009, serving as chief economist for Secretary Henry M. Paulson. He was previously chief of staff at the White House Council of Economic Advisers from 2002 to 2005 and an economist at the IMF and the Board of Governors of the Federal Reserve. At Treasury, Mr. Swagel was involved with a range of policies, including the TARP, housing, energy, environment, pensions, and macro analysis.  He has been especially involved lately in policy efforts concerning housing finance reform and broader financial regulatory reform. Mr. Swagel received his Ph.D. in economics from Harvard University and an A.B. in economics from Princeton University.

David Dollar


Dollar at work[1] photo for website-e

David Dollar is an advisor to Evenflow Macro with a special emphasis on the Chinese economy.  Mr. Dollar is a Senior Fellow in the John L. Thornton China Center at the Brookings Institution.  Prior to joining Brookings, Mr. Dollar was the U.S. Treasury’s Economic and Financial Emissary to China, based in the U.S. embassy in Beijing (2009-2013).  In that capacity he facilitated the macroeconomic and financial policy dialogue between U.S. and Chinese policy-makers.  Prior to joining Treasury Mr. Dollar worked 20 years for the World Bank.  Most recently he served as Country Director for China and Mongolia, based in Beijing (2004-2009).  His other World Bank operational assignments primarily focused on Asian economies, including South Korea, Vietnam, Cambodia, Thailand, Bangladesh, and India.  From 1995 to 2004 Mr. Dollar worked in the World Bank’s research department.  His published research focuses on economic reform in China, globalization, and economic growth.  Prior to joining the World Bank he taught economics at UCLA, during which time he spent a semester in Beijing teaching at the Graduate School of the Chinese Academy of Social Sciences (1986).  He has a PhD in economics from New York University and a B.A. in Chinese history and language from Dartmouth College.



Joel Shin

In Memoriam


Prior to helping establish Evenflow Macro, Mr. Shin was a principal of The Scowcroft Group, an international business advisory firm. In that capacity, he offered clients advice and assistance on geopolitical risk, international trade, government affairs, national defense, and issues related to corporate finance, and mergers and acquisitions.

​Mr. Shin previously served on the policy staff of the campaign of President George W. Bush. In that capacity, he assisted then-Governor Bush, his senior staff and outside advisors in the development of foreign and defense policies. Mr. Shin also worked for the Bush-Cheney Transition and the 2004 Bush campaign. Mr. Shin also worked as a corporate attorney in New York City, where his focus included mergers and acquisitions in the defense and high tech industries.

Mr. Shin received his undergraduate degree, law degree, and Master of Public Policy degree from Harvard University. He also received a Master of Philosophy degree from the University of Oxford, where he was a Rhodes Scholar.