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Richard Duncan

Recent Posts by Richard Duncan

The Uncertain Outlook For Asset Prices

Home prices in the US are falling and it is very probable that they will continue to fall. The future direction of stock prices, however,

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Unchartered Territory

Last year, Total Credit in the United States expanded by $5.1 trillion to $93.5 trillion.  Total Credit first exceeded $1 trillion in 1964.  Next year it will

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Banking Crisis, Recession May Drive Stocks Higher

Since the previous Macro Watch video on March 15th, the Systemic Banking Crisis of 2023 has spread and forced an abrupt adjustment to Monetary Policy.

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Interview: SVB, Technology and Politics

Last week, just before I left New York, I was interviewed by Andrew Keen for his Keen On podcast.  Named as one of the “100 most connected

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Systemic Banking Crisis: 2023

The failure of Silicon Valley Bank set off a systemic banking sector crisis in the United States late last week. It is not yet certain

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