Daniel Lacalle
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
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.
Gold Does Not Reflect Monetary Destruction, Yet
For investors, the worst decision in this environment of monetary destruction is to invest in sovereign bonds and keep cash.
Poor Consumer Confidence Is Due to the Wrong Policies
Surprised with low consumer confidence? Not really. Americans are increasingly struggling to make ends meet, and the government is to blame.
The Fed Slows Quantitative Tightening, Fearing a Bond Meltdown
Why would the Fed need to slow down the pace of balance sheet reduction in a strong economy with solid unemployment, consumption, and growth figures?
