The Prospects For Asset Prices
Prepare for a stock market sell-off. A new Macro Watch video has been uploaded. In it, I discuss the outlook for stocks, bonds/interest rates, property, commodities and currencies. Topics include:
Why The Fed Will Launch Another Round Of Quan…
In November 2002, Fed Governor Ben Bernanke introduced the concept of Quantitative Easing to the world. In a speech entitled “Deflation: Making Sure It Doesn’t Happen Here”, he explained that
How Strong Is The US Economic Recovery?
A new Macro Watch video has been uploaded and is now ready to watch. Judging from most press reports, it would be easy to form the impression that the US
The Household Sector Balance Sheet Is Pointin…
A new Macro Watch video has been uploaded and is now ready to watch. In this video, we look at the Household Sector’s Balance Sheet and, in particular, at the
WATCH RICHARD DUNCAN’S SPEECH: How Capitali…
Capitalism died during the two World Wars. In this speech, I discuss the transformation of our economic system from Capitalism to Creditism during the Twentieth Century. I also describe what
Dissecting The Fed’s Balance Sheet
The third video for Macro Watch Third Quarter 2014 has been uploaded and is now ready to watch. In this video, we dissect the Fed’s balance sheet. On the asset
The Fed’s New Magic Trick
The Fed has pulled a new rabbit out of its hat: Reverse Repos. By using reverse repos, the Fed has found a way to deal with its two most pressing
Credit: How Much Does It Take?
I’ve begun to roll out Macro Watch: Third Quarter 2014. The first video, Credit: How Much Does It Take?, has been uploaded and is ready to watch. In this video,
My Best Interview
For anyone who is interested in understanding my views on the global economic crisis, this is the video I would recommend watching, if I could only recommend one. In it,
Watch Q2 Macro Watch Preview: Treacherous Mar…
To watch a 6-minute overview of Macro Watch: Second Quarter 2014, click on the link at the bottom of this blog. But first, an announcement: Today I am offering the
