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
Richard Duncan
Recent Posts by Richard Duncan
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
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
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
In 2008 the American Financial System failed. In this video, uploaded today, we take a look back at the systemic meltdown of the US financial