Recession Alert: Weak Credit Growth Points T…
The key to understanding the economy and the financial markets in the 21st Century is this: Credit growth drives economic growth. From 1952 to 2008, every time credit (adjusted for
If Interest Rates Rise, Wealth Will Fall
There is a broad consensus among financial market participants that interest rates will rise in 2015. If they do, the stock market and the economy are likely to suffer a
How Capital Grows
Over the past 250 years, the growth of Capital has completely transformed the world. The next time you fly, look out the window. Most of the cities, highways, canals and
CAPITAL: A Crash Course
It’s impossible to understand Capitalism without understanding Capital. In the new Macro Watch video, uploaded today, we look at Capital and the Capital Structure of the United States. Capital generates
Japan’s Crisis & The BOJ’s Solution
In the latest Macro Watch video (uploaded today) we look at Japan and the very serious challenges it faces. These include a demographic crisis, a sharp deterioration in its trade
The McAlvany Interview: QE 4? “They’ll h…
The McAlvany Weekly Commentary is simply one of the very best sources of information and analysis on monetary, economic and geo-political news available to the public today. Recently, David McAlvany
FX Reserve Accumulation Is Quantitative Easin…
The accumulation of Foreign Exchange Reserves has a profound impact on global asset prices – just as Quantitative Easing does. That makes Foreign Exchange Reserves (which now amount to $12
Analyzing The Five Largest Central Banks
The latest Macro Watch video (uploaded today) analyzes the strategies and compares the balance sheets of the world’s five largest central banks: The People’s Bank of China, The Federal Reserve,
Bullard’s Call To Extend QE Halts Market Pa…
Yesterday morning, St Louis Fed President James Bullard stopped the stock market crash in its tracks. In a live interview on Bloomberg Television, he said: “…I think a reasonable response
Slowing Global Liquidity Points To Deflation …
The Fed is about to end its third round of Quantitative Easing, but the Bank of Japan is printing Yen faster than ever before and the European Central Bank intends