Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
CONTACT ME
Website: http://www.dlacalle.com/
LATEST
Money and Rates Signal Long-Term Bullish Markets
The increase in the money supply and the change in interest rate policies have an exceptional impact on the market trend.
Markets Need More Than a Rate Cut to Go Back to Bullish Mode
Rate cuts may not be enough to send markets to new all-time highs. Money supply growth and quantitative easing are needed to maintain these valuations.
Gold: A Winning Investment in an Uncertain World
For years, the policy of central banks has been to reduce their gold holdings, and now they must rebalance.
Consumer Confidence Plummets as the Economy Weakens Further
The University of Michigan Consumer Sentiment Index has plummeted to its lowest level in seven months.
The ECB Cannot Fix the Euro Area Stagnation
The European Central Bank (ECB) decided to cut rates by 25 basis points the same day it elevated its own inflation estimates for 2024 and 2025.
OPEC Decisions Reveal Weak Economy
The latest OPEC meeting conclusions show that the global economy is not as strong as headlines suggest and that industries all over the world are struggling.
Yellen Worries About the Deficit; Biden Wants More Taxes
If deficits and interest expenses are going to soar in a booming economy, it is evident that no revenue measure is going to end this disastrous trend.
