US-China Trade War: On The Brink
President Trump believes China poses a grave threat to the United States. His demands for trade concessions from China are designed to eliminate that threat. China cannot possibly meet those
US-China Trade War Could Be A Turning Point I…
Last night I watched “Death By China” on YouTube. If you haven’t, you should. It’s free. This documentary was made by Peter Navarro, the Director of the United States National
QE In Europe Is Ending – Beware
The ECB has announced that it plans to reduce its Quantitative Easing program from €30 billion per month now to €15 billion per month in October; and then to end
The Bank Of Japan Goes Ballistic
Ballistic is not a word normally associated with Monetary Policy. However, it is the ideal adjective to describe the conduct of Japanese Monetary Policy over the last five years. Japan’s
The BOJ’s Radical Experiment
Monetary Policy in Japan is RADICALLY AGGRESSIVE. Over the last five year, Japan’s Monetary Base has expanded by three and a half times. The Bank Of Japan now owns 40%
What You Need To Know About The US Government…
The latest Macro Watch video provides a quick overview of everything you need to know about the US government’s budget and debt, including: The source of the government’s Revenues, The
Less Savings, More Debt, Increasing Vulnerabi…
Total debt in the United States increased by $2.6 trillion last year. This year it will increase by roughly $2.9 trillion. For every debtor, there is a lender. The new Macro
Weak Credit Growth Leaves The Economy Vulnera…
When credit growth is weak, the United States falls into recession. Between 1952 and 2008, there were only nine years when total credit (adjusted for inflation) grew by less than 2%. Each
A 100 Year History Of Inflation Points To Tra…
Milton Friedman once famously said, “Inflation is always and everywhere a monetary phenomenon”. It’s not. The history of Inflation in the United States over the past century demonstrates that Inflation
The Money Revolution
In order to understand how the economy and the financial markets really work today, it is necessary to understand Money. Not many people do. In large part, that’s because Money
