Daniel Lacalle
June 8, 2017
The Central-Bank Trap: the Real Price of Cheap Money
This piece originally appeared in World Economic Forum At the time of writing, the pace of expansion of the main central banks in the world exceeds $200 billion per month.…
May 10, 2017
Escape from the Central Bank Trap
Cheap money becomes very expensive in the long run. In my new book, “Escape from the Central Bank Trap” (Business Expert Press), I explain that central banks are using the…
April 11, 2017
Why Inflation Is Not Helping European Stocks
The Euro zone CPI data continues to show the rising trend we commented here (read). In January inflation rose by 1.8% year-on-year, the highest reading since February 2013. However, while inflation…
March 20, 2017
The End Of Currency Wars?
This piece originally appeared in Hedgeye “From its creation in 1913, the most important Fed mandate has been to maintain the purchasing power of the dollar; however, since 1913 the dollar…