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Richard Duncan

Recent Posts by Richard Duncan

Lessons From Comparing The Four Largest Central Banks

There is a great deal of concern in the United States regarding the large amount of money the Fed is creating through Quantitative Easing, currently $120

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Credit, Economic Growth and Inflation To Slow

Credit growth in the United States has peaked.  Since Credit Growth drives Economic Growth, that means economic growth has also peaked.  This strongly suggests that Inflation will

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Peak Growth = Peak Inflation?

The message from the Fed’s June 16th FOMC meeting was slightly more hawkish than the market had expected.  It indicated that the first rate hike may

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The Fed Is Preventing Negative Interest Rates Using Reverse Repos

Reverse Repurchase Agreements on the Fed’s balance sheet have surged from $0 in mid-March to $535 billion on June 10th. Many people have begun to

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When The Fed Tapers QE, Will Asset Prices Crash?

The Fed is now signaling that it will soon begin to discuss when to Taper Quantitative Easing. This is an important policy development that could

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