An Intense Interview with Richard Duncan by M…
Last week I did a live Twitter Spaces interview with Michael Gayed who provides great economic and financial markets commentary through his The Lead-Lag Report and to his 750,000 followers
Alphabet: The Magnificent Seven, Part Two
Mustafa Suleyman, co-founder of the Alphabet subsidiary DeepMind, recently told the Financial Times: “The “exponential trajectory” of AI meant that two years from now, the large language models at the
Nvidia: The Magnificent Seven, Part One
The Artificial Intelligence Revolution has begun. Over the next decades, AI is likely to transform the economy just as railroads, electricity, automobiles and the internet did in the past. It is going
Investors Should Beware Money Destruction
This week Macro Watch examines the liabilities of five large central banks to explain how central banks create Money to pay for the assets they acquire, as well as how
Great New Books Network Podcast Interview
The New Books Network recently invited me to be a guest on their podcast to discuss my latest book, The Money Revolution. This turned into a really interesting conversation that doubles
Global Liquidity Is Tightening: Expect Troubl…
Global Liquidity is tightening. The new Macro Watch video demonstrates this by examining the balance sheets of the Federal Reserve, The European Central Bank, The People’s Bank Of China, The
Liquidity’s Tightening. Watch Out!
One of the main themes of Macro Watch is that Liquidity Determines The Direction Of Asset Prices. This week Macro Watch shows that Liquidity is contracting again and explains why Tightening
Higher For Longer Interest Rates May Rattle M…
This week Macro Watch examines the most recent trends in Credit Growth. It focuses on two important developments revealed in The Financial Accounts Of The United States for the first
The Indispensable Dollar Standard Will Not Be…
We frequently hear that the US Dollar will soon lose its status as the world’s leading international reserve currency and that The Dollar Standard will soon come to an end.
Lending Slowdown Suggests Rate Hike Pause
Fed Chairman Powell has said that the recent turmoil in the banking sector is likely to cause bank lending to slow; and that slower bank lending, should it occur, would