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Richard Duncan

Recent Posts by Richard Duncan

Inflation Would Crush The Global Economy

The new Macro Watch video looks at the Credit to GDP ratio for each of the world’s twenty largest economies.  We find that credit has

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The Stock Market: Worry Now, Sell Later?

The S&P 500 Index is now 66% above its 2007 pre-crisis peak and 250% above the low it reached in 2009.  The market’s cyclically adjusted

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When Stocks Fall, Expect A Recession

As a rule, Credit Growth drives Economic Growth. But that is not the case now. Credit growth is very weak, but the economy grew by

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Japan’s Extraordinary Experiment

The Bank of Japan is creating money and buying up Japanese Government Debt on an unprecedented scale. Thus far, the BOJ has bought up 40%

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China vs. The US: Whose Century Will It Be?

Last year, Macro Watch published a five-video series on China’s economy.  It explained that China’s export-led, investment-driven and debt-fueled economic growth model is in crisis

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