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Richard Duncan

Recent Posts by Richard Duncan

Death Spiral? Make That Plural

Last week Citi made headlines by publishing a report claiming the global economy is trapped in a “Death Spiral”. The timing of the report was

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Negative Liquidity Will Drive Stocks Lower

Liquidity in the United States turned negative in the fourth quarter of 2015. I believe this played an important role in the severe stock market

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How My Career Shaped My Views On The Global Economy

In the new Macro Watch video uploaded today, I describe how my 30-year career in the investment industry has shaped my views on what drives

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Weak Credit Growth Signals Recession Ahead

Between 1952 and 2008, every time US credit growth (adjusted for inflation) fell below 2%, the United States went into recession. During that period, the

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Rate Hike: Trouble Ahead

On December 16th, the Fed hiked interest rates for the first time in nearly 10 years. The world did not come to an end, but

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