Must Watch Speech

• 1. Speech: How The Economy And The Financial Markets Work In The Post-Bretton Woods Era - Macro Watch: Second Quarter 2020

US Economy

• 5. Yield Crash - Macro Watch: Second Quarter 2019
• 1. America Can Invest or Surrender To China - Macro Watch: Third Quarter 2019
• 2. Ray Dalio vs. John Mauldin: The Great Debate - Macro Watch: Third Quarter 2019
• 4. Ray Dalio vs. John Mauldin: The Great Debate Part 2 - Macro Watch: Third Quarter 2019
• 5. Dalio vs. Mauldin: The Great Debate Part 3 - Macro Watch: Third Quarter 2019
• 6. Expect More Rate Cuts - Macro Watch: Third Quarter 2019
• 1. Corporate Sector Concerns - Macro Watch: First Quarter 2020
• 2. America’s National Emergency: Part One - Macro Watch: First Quarter 2020
• 3. America’s National Emergency: Part 2 - Macro Watch: First Quarter 2020
• 4. America’s National Emergency Part 3 - Macro Watch: First Quarter 2020
• 5. Thoughts On The Coronavirus - Macro Watch: First Quarter 2020
• 6. Recession or Depression? - Macro Watch: First Quarter 2020
• 7. Life During Wartime - Macro Watch: First Quarter 2020
• 8. Life During Wartime Part Two - Macro Watch: First Quarter 2020
• 2. US Banks On Life Support - Macro Watch: Second Quarter 2020
• 3. When Creditism Met Covid-19 - Macro Watch: Second Quarter 2020
• 4. Gold Is Not A Sure Bet - Macro Watch: Second Quarter 2020
• 1. Speech: How The Economy And The Financial Markets Work In The Post-Bretton Woods Era - Macro Watch: Second Quarter 2020
• 1. Will The Dollar Collapse? - Macro Watch: Third Quarter 2020
• 2. Our Future Prosperity Depends On Government Debt - Macro Watch: Third Quarter 2020

US Monetary Policy

• 6. The Fed Is A Hostage Of The S&P 500 - Macro Watch: Second Quarter 2019
• 2. Ray Dalio vs. John Mauldin: The Great Debate - Macro Watch: Third Quarter 2019
• 4. Ray Dalio vs. John Mauldin: The Great Debate Part 2 - Macro Watch: Third Quarter 2019
• 5. Dalio vs. Mauldin: The Great Debate Part 3 - Macro Watch: Third Quarter 2019
• 6. Expect More Rate Cuts - Macro Watch: Third Quarter 2019
• 1. QE 4 Has Begun - Macro Watch: Fourth Quarter 2019
• 2. The Repo Crisis and The Fed - Macro Watch: Fourth Quarter 2019
• 3. The Repo Crisis and The Fed: Part 2 - Macro Watch: Fourth Quarter 2019
• 4. The Repo Crisis and The Fed: Part 3 - Macro Watch: Fourth Quarter 2019
• 5. The Repo Crisis and The Fed: Part Four - Macro Watch: Fourth Quarter 2019
• 6. Household Wealth and Fed Policy - Macro Watch: Fourth Quarter 2019
• 6. Recession or Depression? - Macro Watch: First Quarter 2020
• 1. 28 Days (and $1.8 trillion) Later - Macro Watch: Second Quarter 2020
• 5. Stocks: Boom or Bust? - Macro Watch: Second Quarter 2020
• 6. Yield Curve Control - Macro Watch: Second Quarter 2020
• 1. Will The Dollar Collapse? - Macro Watch: Third Quarter 2020
• 3. Melt Up? - Macro Watch: Third Quarter 2020
• 5. Trillions At Stake In Upcoming FOMC - Macro Watch: Third Quarter 2020
• 6. The Velocity Of Money Is Irrelevant - Macro Watch: Third Quarter 2020
• 2. Bank Reserves Are Irrelevant. QE Works! - Macro Watch: Fourth Quarter 2020

US Fiscal Policy

• 1. America Can Invest or Surrender To China - Macro Watch: Third Quarter 2019
• 2. Ray Dalio vs. John Mauldin: The Great Debate - Macro Watch: Third Quarter 2019
• 5. Dalio vs. Mauldin: The Great Debate Part 3 - Macro Watch: Third Quarter 2019
• 6. Recession or Depression? - Macro Watch: First Quarter 2020
• 2. US Banks On Life Support - Macro Watch: Second Quarter 2020
• 1. Dire Consequences Without New Stimulus - Macro Watch: Fourth Quarter 2020
• 3. Stimulus and Your Wealth - Macro Watch: Fourth Quarter 2020
• 7. Big Stimulus Rally Ahead For Stocks and Gold? - Macro Watch: Fourth Quarter 2020
• 1. Credit: A Year Like No Other - Macro Watch: First Quarter 2021
• 2. Stimulus, Inflation, Stocks and Gold: What’s Ahead? - Macro Watch: First Quarter 2021
• 3. What You Need To Know About The US Government’s Budget Deficits & Debt - Macro Watch: Second Quarter 2018
• 5. Voodoo Economics? Voodoo Two Won’t Do - Macro Watch: Fourth Quarter 2016
• 4. Monetary & Fiscal Austerity Explain The New Global Recession - Macro Watch: Third Quarter 2015

US Credit Updates

• 1. Credit: A Year Like No Other - Macro Watch: First Quarter 2021
• 1. Debt, Credit and Wealth Soared In 2020 - Macro Watch: Second Quarter 2021
• 1. Credit, Economic Growth and Inflation To Slow - Macro Watch: Third Quarter 2021
• 2. Looser Monetary Policy Will Be Required - Macro Watch: Second Quarter 2019
• 1. Who Funded The Debt in 2018? - Macro Watch: Second Quarter 2019
• 6. Credit Growth, Asset Prices and The Fed - Macro Watch: First Quarter 2019
• 1. Credit Update: Government Debt Spikes - Macro Watch: Fourth Quarter 2018
• 2. Who Will Buy The Debt? - Macro Watch: Second Quarter 2018
• 1. Weak Credit Growth Leaves The Economy Vulnerable - Macro Watch: Second Quarter 2018
• 4. QT: The Pain Is Just Beginning - Macro Watch: First Quarter 2018
• 4. The New Growth Driver - Macro Watch: Fourth Quarter 2017
• 1. The Credit Structure Of The United States And Its Vulnerabilities - Macro Watch: Second Quarter 2017
• 6. Creditism In Crisis - Macro Watch: First Quarter 2017
• 1. Credit Update: Weak and Vulnerable - Macro Watch: Fourth Quarter 2016
• 3. Credit Update: Our Economic And Political Problems Look Set To Multiply - Macro Watch: Second Quarter 2016
• 1. Credit Growth: Below The Recession Threshold - Macro Watch: First Quarter 2016
• 1. Who’s Going To Lend The Money To Drive Economic Growth? - Macro Watch: Third Quarter 2015
• 2. Credit Growth: Still Too Weak - Macro Watch: First Quarter 2015
• 1. Credit: How Much Does It Take? - Macro Watch: Third Quarter 2014
• 6. Credit Growth Update - Macro Watch: Second Quarter 2014

Global Money + Global Credit

• 6. The Fed Is A Hostage Of The S&P 500 - Macro Watch: Second Quarter 2019
• 1. Speech: How The Economy And The Financial Markets Work In The Post-Bretton Woods Era - Macro Watch: Second Quarter 2020
• 2. Lessons From Comparing The Four Largest Central Banks - Macro Watch: Third Quarter 2021
• 6. All The Money In The World - Macro Watch: Third Quarter 2018
• 6. Inflation Would Crush The Global Economy - Macro Watch: Fourth Quarter 2017
• 4. The Four Great Threats - Macro Watch: Third Quarter 2017
• 3. Who’s To Blame For The Global Economic Crisis? - Macro Watch: Third Quarter 2017
• 3. Can Global Economic Growth Continue? - Macro Watch: Second Quarter 2017
• 5. The Outlook For The Dollar - Macro Watch: First Quarter 2017
• 4. Quantitative Easing Is Now Cancelling Half A Trillion Dollars of Government Debt Per Quarter - Macro Watch: Third Quarter 2016
• 2. The World Is $300 Trillion In Debt - Macro Watch: Third Quarter 2016
• 6. Are The Central Banks Out Of Ammunition? - Macro Watch: First Quarter 2016
• 5. Negative Interest Rates: How Did This Happen? - Macro Watch: First Quarter 2016
• 2. The Dollar Standard: No Replacement In Sight - Macro Watch: Fourth Quarter 2015
• 3. Global Recession - Macro Watch: Third Quarter 2015
• 6. Negative Interest Rates - Macro Watch: First Quarter 2015
• 4. FX Reserves, The Dollar Crisis & The Outlook For Global Liquidity - Macro Watch: Fourth Quarter 2014
• 4. What Drives Currencies? - Macro Watch: Second Quarter 2014
• 6. Global Deflation? - Macro Watch: First Quarter 2014

China

• 3. How The US Can Win The Currency War - Macro Watch: Third Quarter 2019
• 6. Why China’s Winning - Macro Watch: Fourth Quarter 2020
• 5. Who Will Be Hurt By The US-China Trade War? - Macro Watch: Fourth Quarter 2018
• 5. Chinese Monetary Policy Part 2: Crisis Management - Macro Watch: Third Quarter 2018
• 4. Chinese Monetary Policy Part 1: Transforming The World - Macro Watch: Third Quarter 2018
• 3. US-China Trade War: If China Fights Back - Macro Watch: Third Quarter 2018
• 2. US-China Trade War: If China Capitulates - Macro Watch: Third Quarter 2018
• 1. US-China Trade War: On The Brink - Macro Watch: Third Quarter 2018
• 2. China’s Economy 2017 - Macro Watch: Fourth Quarter 2017
• 1. China’s Credit Tsunami May Capsize The World - Macro Watch: Fourth Quarter 2017
• 1. Chimerica - Macro Watch: Third Quarter 2016
• 7. China’s Economic Crisis, Part 4: One World Is Not Enough - Macro Watch: Second Quarter 2016
• 6. China’s Economic Crisis: Part 3 - Macro Watch: Second Quarter 2016
• 5. China’s Economic Crisis: Part 2 - Macro Watch: Second Quarter 2016
• 4. China’s Economic Crisis: Part 1 - Macro Watch: Second Quarter 2016
• 4. Asia & The Slump In World Trade - Macro Watch: Fourth Quarter 2015
• 3. China’s Next Move - Macro Watch: Fourth Quarter 2015
• 5. China’s Economic Crisis - Macro Watch: Second Quarter 2014

Japan

• 5. What The US Must Learn From Japan - Macro Watch: Fourth Quarter 2020
• 5. The BOJ Goes Ballistic - Macro Watch: Second Quarter 2018
• 4. The BOJ’s Radical Experiment - Macro Watch: Second Quarter 2018
• 3. Japan’s Extraordinary Experiment - Macro Watch: Fourth Quarter 2017
• 5. Japan: Very Serious Challenges - Macro Watch: Fourth Quarter 2014

Europe

• 4. The Euro vs. The Dollar - Macro Watch: Fourth Quarter 2020
• 6. QE In Europe Is Ending - Macro Watch: Second Quarter 2018
• 2. ECB Policy: Everything You Need To Know (Part Two) - Macro Watch: Second Quarter 2016
• 1. ECB Policy: Everything You Need To Know (Part One) - Macro Watch: Second Quarter 2016
• 3. ECB QE - Macro Watch: First Quarter 2015

Asset Prices

• 4. Gold Is Not A Sure Bet - Macro Watch: Second Quarter 2020
• 5. Stocks: Boom or Bust? - Macro Watch: Second Quarter 2020
• 3. Melt Up? - Macro Watch: Third Quarter 2020
• 3. What’s Driving Tech Stocks? - Macro Watch: First Quarter 2021
• 5. Will Bond Yields Spike and Crush The Markets? - Macro Watch: First Quarter 2021
• 6. Liquidity Tsunami May Drive Asset Prices Much Higher - Macro Watch: First Quarter 2021
• 4. Will The Liquidity Tsunami Continue To Drive Asset Prices Higher? - Macro Watch: Second Quarter 2021
• 5. Will Gold Crash Again? - Macro Watch: Second Quarter 2021
• 8. Peak Growth = Peak Inflation? - Macro Watch: Second Quarter 2021
• 3. Liquidity Tsunami Update - Macro Watch: Third Quarter 2021
• 7. The Liquidity Tsunami Is About To End Abruptly - Macro Watch: Third Quarter 2021
• 5. The Prospects For Asset Prices: 2017 - Macro Watch: Third Quarter 2016
• 5. The Prospects For Asset Prices: A Very Dangerous Moment - Macro Watch: Third Quarter 2015
• 1. The Prospects For Asset Prices - Macro Watch: Fourth Quarter 2014
• 5. Liquidity Conditions in 2014 and Prospects For Asset Prices - Macro Watch: First Quarter 2014
• 5. Prospects For Asset Prices - Macro Watch: Fourth Quarter 2013

Liquidity Gauge

• 4. Will The Liquidity Tsunami Continue To Drive Asset Prices Higher? - Macro Watch: Second Quarter 2021
• 1. Global Liquidity Shock - Macro Watch: Third Quarter 2017
• 2. Liquidity Gauge Update: Crowding Out - Macro Watch: Second Quarter 2017
• 3. Liquidity Gauge Update - Macro Watch: First Quarter 2016
• 2. Liquidity Gauge Update - Macro Watch: Second Quarter 2015
• 2. The Outlook For Global Liquidity Points To Deflation Ahead - Macro Watch: Fourth Quarter 2014
• 1. Treacherous Markets Ahead - Macro Watch: Second Quarter 2014
• 4. The Fed & Liquidity - Macro Watch: First Quarter 2014
• 3. Liquidity Part One: Foreign Generated Liquidity - Macro Watch: Fourth Quarter 2013
• 4. Liquidity Part Two: Quantitative Easing - Macro Watch: Fourth Quarter 2013

Economic History

• 1. Speech: How The Economy And The Financial Markets Work In The Post-Bretton Woods Era - Macro Watch: Second Quarter 2020
• 3. Speech: How Capitalism Died and Where That Leaves Us - Macro Watch: Second Quarter 2021
• 2. A Concise History Of Creditism - Macro Watch: Fourth Quarter 2018
• 6. Inflation Over The Last 100 Years - Macro Watch: First Quarter 2018
• 5. The Money Revolution - Macro Watch: First Quarter 2018
• 1. The History Of US Monetary Policy - Macro Watch: First Quarter 2018
• 6. Monetary Revolution Part 2 - Macro Watch: Second Quarter 2017
• 5. Monetary Revolution - Macro Watch: Second Quarter 2017
• 3. Libertarian Murray Rothbard Was Dangerously Wrong - Macro Watch: Third Quarter 2016

Derivatives

• 3. Derivatives Reform: Real or Razzmatazz, Part 2 - Macro Watch: Fourth Quarter 2016
• 2. Derivatives Reform: Real or Razzmatazz? - Macro Watch: Fourth Quarter 2016

Capital

• 5. Alphabet’s Other Bets - Macro Watch: First Quarter 2019
• 4. The Tech Giants: Part Two - Macro Watch: First Quarter 2019
• 3. The Tech Giants: Part One - Macro Watch: First Quarter 2019
• 1. Finance Capital - Macro Watch: First Quarter 2015
• 7. How Capital Grows - Macro Watch: Fourth Quarter 2014
• 6. Capital - Macro Watch: Fourth Quarter 2014

Other Videos

• 2. How To Get The Most From Macro Watch - Macro Watch: Second Quarter 2021
• 3. Speech: How Capitalism Died and Where That Leaves Us - Macro Watch: Second Quarter 2021
• 7. Speech: Understanding Potential Threats To Trade and Economic Stability In Asia - Macro Watch: Fourth Quarter 2017
• 6. Speech For The CFA Institute Brazil - Macro Watch: Third Quarter 2017
• 5. Frequently Asked Questions - Macro Watch: Third Quarter 2017
• 3. My Message To Some Of The World’s Largest Investment Managers - Macro Watch: First Quarter 2017
• 2. The Question I Asked Alan Greenspan Last Week - Macro Watch: First Quarter 2017
• 4. Death Spiral? Make That Plural - Macro Watch: First Quarter 2016
• 2. How My Career Shaped My Views On The Global Economy - Macro Watch: First Quarter 2016
• 6. Standard Chartered’s Results Point To Rapid Global Economic Deterioration - Macro Watch: Third Quarter 2015
• 4. The Banks - Macro Watch: Second Quarter 2015
• 3. Yellen’s (Triffin) Dilemma - Macro Watch: Second Quarter 2015
• 3. Analyzing The Five Largest Central Banks - Macro Watch: Fourth Quarter 2014
• 0. Speech: How Capitalism Died & Where That Leaves Us - Macro Watch: Third Quarter 2014
• 1. Introduction - Macro Watch: Second Quarter 2014
• 3. Austrian Economics: Right & Wrong - Macro Watch: Second Quarter 2014
• 1. Introduction - Macro Watch: First Quarter 2014