Michael Haggarty is the Associate Managing Director in the Infrastructure Finance Group. He manages a team of analysts covering regulated utilities and unregulated power companies in the US and Canada. 

Prior to joining Moody’s, Mike was a Vice President and Senior Relationship Manager at Credit Agricole Indosuez, responsible for the Bank’s marketing and credit activities to investor-owned and municipal utilities nationwide.

Previously, Mike held a variety of positions in commercial banking with The Yasuda Trust and Banking Company, Citicorp North America, and Irving Trust Company, covering companies in the energy and municipal finance sectors.

Mike holds a B.S. in foreign service from Georgetown University and an M.B.A. in finance from the Wharton School of the University of Pennsylvania.

Ryan Wobbrock is a Vice President - Senior Credit Officer in the Global Infrastructure Finance Group at Moody’s Investors Service. His responsibilities include conducting industry research and supporting the credit analysis of various U.S. electric utility companies. Prior to joining the Utilities Group as a Senior Associate in December 2004, Ryan worked at Moody’s in the Public Finance Group and spent time in Investment Accounting at Ambac Financial Group. Ryan graduated as an Honors Program Participant and holds a Bachelor’s Degree in finance and a Bachelor’s degree in Accounting from Colorado State University.

Gavin MacFarlane is a Vice President – Senior Credit Officer in Moody’s Global Project and Infrastructure Finance Group where he covers a diverse portfolio of pipelines, regulated gas and electric utilities and power companies. Some of the more topical names in the portfolio include Enbridge, TransCanada Pipelines and TransAlta. Gavin joined the Moody’s team in September of 2013.

Prior to joining Moody’s Gavin was an Associate Director at Standard and Poor’s in Toronto where he was the primary analyst on companies in the Canadian pipeline, utilities and power sectors.

Gavin holds an MBA from the University of Western Ontario’s Richard Ivey School of Business and a Bachelor of Commerce (Honors) from Queen’s University.

John Lonski is a sought-after expert on the U.S. and global economy. He has been a keynote speaker at financial market conferences around the world and his comments have appeared in all major financial press and media outlets including the Fox Business Network, the Wall Street Journal, Financial Times, Barrons, CNBC, Bloomberg, Reuters and the New York Times.

In 2014, Lonski won the prestigious Lawrence R. Klein award, one of the best-known and longest-standing achievements in the field. He has also been named the top economic forecaster in the Wall Street Journal survey and the leading prognosticator of high-yield bond spreads according to the Bloomberg survey.

Lonski’s focus is on business cycles and corporate credit markets. He uses forecasts of intertest rates, credit spreads and other market drivers to assess the direction of investment-grade and high-yield corporate bond issuance and leveraged-loan borrowing.

Prior to forming Thru the Cycle, Lonski held the position of Managing Director and Chief Capital Markets Economist of Moody's Analytics.

Michael Haggarty is the Associate Managing Director in the Infrastructure Finance Group. He manages a team of analysts covering regulated utilities and unregulated power companies in the US and Canada. 

Prior to joining Moody’s, Mike was a Vice President and Senior Relationship Manager at Credit Agricole Indosuez, responsible for the Bank’s marketing and credit activities to investor-owned and municipal utilities nationwide.

Previously, Mike held a variety of positions in commercial banking with The Yasuda Trust and Banking Company, Citicorp North America, and Irving Trust Company, covering companies in the energy and municipal finance sectors.

Mike holds a B.S. in foreign service from Georgetown University and an M.B.A. in finance from the Wharton School of the University of Pennsylvania.

Ryan Wobbrock is a Vice President - Senior Credit Officer in the Global Infrastructure Finance Group at Moody’s Investors Service. His responsibilities include conducting industry research and supporting the credit analysis of various U.S. electric utility companies. Prior to joining the Utilities Group as a Senior Associate in December 2004, Ryan worked at Moody’s in the Public Finance Group and spent time in Investment Accounting at Ambac Financial Group. Ryan graduated as an Honors Program Participant and holds a Bachelor’s Degree in finance and a Bachelor’s degree in Accounting from Colorado State University.

Gavin MacFarlane is a Vice President – Senior Credit Officer in Moody’s Global Project and Infrastructure Finance Group where he covers a diverse portfolio of pipelines, regulated gas and electric utilities and power companies. Some of the more topical names in the portfolio include Enbridge, TransCanada Pipelines and TransAlta. Gavin joined the Moody’s team in September of 2013.

Prior to joining Moody’s Gavin was an Associate Director at Standard and Poor’s in Toronto where he was the primary analyst on companies in the Canadian pipeline, utilities and power sectors.

Gavin holds an MBA from the University of Western Ontario’s Richard Ivey School of Business and a Bachelor of Commerce (Honors) from Queen’s University.

John Lonski is a sought-after expert on the U.S. and global economy. He has been a keynote speaker at financial market conferences around the world and his comments have appeared in all major financial press and media outlets including the Fox Business Network, the Wall Street Journal, Financial Times, Barrons, CNBC, Bloomberg, Reuters and the New York Times.

In 2014, Lonski won the prestigious Lawrence R. Klein award, one of the best-known and longest-standing achievements in the field. He has also been named the top economic forecaster in the Wall Street Journal survey and the leading prognosticator of high-yield bond spreads according to the Bloomberg survey.

Lonski’s focus is on business cycles and corporate credit markets. He uses forecasts of intertest rates, credit spreads and other market drivers to assess the direction of investment-grade and high-yield corporate bond issuance and leveraged-loan borrowing.

Prior to forming Thru the Cycle, Lonski held the position of Managing Director and Chief Capital Markets Economist of Moody's Analytics.