En Portada / On the Cover View all

Why We Should Worry About China

Why We Should Worry About China

This article was published in Israel here. Many of our readers might remember the late 80s. There were hundreds of movies, songs and books about…

Market Impact of the US Tax Reform and Rising Chinese Yields

In this short video we explore the impact of the US tax reform on markets, what is discounted and what is not, as well as…

Germany and Inflation Expectations. Is European Growth at Risk?

OECD estimates of Real GDP Growth for 2018 have been revised up for Europe (to 2.5%). However, 2019 estimates have been cut to +1.9% growth.…

Hi, I Am A Globalist Millionaire. Raise My Taxes

To whom it may concern, I am a globalist millionaire and I am appalled at the GOP tax reform. It aims to reduce taxes by…

Venezuela: Debt Restructuring Is No Relief

 “If you put the federal government in charge of the Sahara desert, in 5 years there will be a shortage of sand” Milton Friedman Socialism…

US and UK Conferences and Keynote Speeches Sept-Nov

US and UK Conferences and Keynote Speeches Sept-Nov

I will be doing a few keynote speeches in the US and UK in the…

Do Not Forget Cuba

Do Not Forget Cuba

A few months ago Guillermo Gortázar told us that the bailout of Cuba has cost Spanish taxpayers 1.5 billion euros and…

The “Tax The Rich” Fallacy Always Means More Taxes To Everyone. Here is Why.

The “Tax The Rich” Fallacy Always Means More Taxes To Everyone. Here is Why.

Why does the promise of raising taxes to the rich always end with higher taxes…

The Debt Ceiling… And Why It Matters

Very few people pay attention to the debt ceiling risks, and for a reason. The…

Are Central Banks Nationalising the Economy?

The FT recently run an article that states that “leading central banks now own a…

Daniel Lacalle

Daniel LacalleDaniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

Europa / Europe View all

My investment fund in TRESSIS GESTIÓN


Adriza International Opportunities

Energía / Energy View all

Climate Agreement, Hypocrisy and Summits

Trump’s decision to withdraw from the Paris “climate agreement” with the aim of negotiating a better one can be debated, but the…

Video: Oil Markets Remain Oversupplied Despite OPEC cut (CNBC)

U.S. drillers have now added rigs for 19 straight weeks, to 722, the highest amount since April 2015. Almost all of…

Why Europe´s Misguided Energy Policy Must Change

Europe needs to change its energy model. It is unacceptable that the debate about something as important as the energy ignores…

Economía / Economy View all

Video: The US Tax Reform. Essential to Close the Recovery Gap

The recovery growth gap compared to other recoveries since 196o has been set at $1.67 trillion.…

España / Spain View all

Spain: Reform Reversal Could Threaten Recovery

Spain: Reform Reversal Could Threaten Recovery

The Spanish recovery from the worst crisis in decades has been impressive and an example for…

Conferencias / Conferences View all

Video: Escape from the Central Bank Trap presentation at the Heritage Foundation, Washington

In this video I explain the main messages of my book “Escape from the Central Bank…

Entrevistas / Interviews View all

Video: Discussing US economy, Debt Ceiling, Europe and Banks @CNBC

In this video, we discuss at CNBC a few issues, including: ECB is caught between a…