The Fed faces a difficult choice. It must decide between boosting global economic growth or boosting US economic growth. If the Fed increases US interest
Richard Duncan
Recent Posts by Richard Duncan
Liquidity determines which way asset prices move. When there is excess liquidity, the price of stocks, bonds and property tends to rise. When liquidity is
Yesterday, I send a blog with a link to a new CNBC interview and a second link to a free video explaining the details of
This morning I was interviewed on CNBC Asia in Hong Kong. We discussed how central banks around the world are effectively cancelling trillions of dollars
Recent economic data has been startlingly bad. The Atlanta Fed’s GDPNow model suggests US GDP will grow by only 0.1% during the first quarter. The