Don’t Miss This One! The Chris Martenson I…
This is one of the very best interviews I have ever participated in. Chris Martenson did a brilliant job, asking all the right questions. This podcast was posted on the
Negative Interest Rates: The Next Phase of th…
More than $2 trillion worth of bonds are now trading at negative interest rates. That means the owners of that wealth are reconciled to making a loss. They are willing
I Strongly Recommend You Listen To This Inter…
The Financial Sense Newshour Interview Cris Sheridan was my host on The Financial Sense Newshour last week. We had a real go at solving the world’s problems. Among the topics
How The Fed Intends To Hike Interest Rates
The consensus view is that the Federal Reserve will begin increasing interest rates later this year. I believe the consensus view is wrong. The Fed hikes rates to fight inflation.
QE Is Debt Cancellation
When a central bank prints money and buys a government bond, it is the same thing as cancelling that bond (so long as the central bank does not sell the
Why ECB QE Will Drive European Stock Markets …
The European Central Bank has announced a massive Quantitative Easing program that is very likely to push European stock prices significantly higher. The new Macro Watch video, ECB QE, explains
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
