All posts by Daniel Lacalle

About Daniel Lacalle

Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Author of bestsellers "Life In The Financial Markets" and "The Energy World Is Flat" as well as "Escape From the Central Bank Trap". Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Frequent collaborator with CNBC, Bloomberg, CNN, Hedgeye, Epoch Times, Mises Institute, BBN Times, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

Front Row: Short France?

Front Row represents the personal view of Rodrigo Rodriguez, European Head of developed cash trading for Credit Suisse.

front row 2Milan beat Barcelona on Wednesday… aside of that being a tragedy….I am sure Silvio narrowed the gap on the back of it and on top of that the Fed starts thinking about reducing QE ….BOE gives a mixed message and the banks return less than expected to the ECB on the LTRO. Finally, BOJ thinks they might have moved too far too fast…definitely very bullish signals?…NOT! Continue reading Front Row: Short France?

My chat at the London Business School about the energy model in Europe

You can access my chat with students at the London Business School, discussing the energy model in Europe, the risks and opportunities for different technologies and the outlook for the economy here:http://www.london.edu/videoandaudio/podcasts/spanishleadershipseriesdaniellacalle.html Continue reading My chat at the London Business School about the energy model in Europe

12 years of the Spanish economy in 12 charts

This article comes courtesy of @_perpe_ (his charts on Twitter in Spanish) and was published here on February 7th, 2013The economy in Spain is going through one of the most difficult moments in its recent history. The terrible crisis that began five years ago is causing very worrying job losses and business closures that will be difficult to recover in the medium term. The austerity measures taken by the government have not had a positive effect on growth so far. At this point, it seems necessary to establish additional structural reforms in order to achieve higher economic dynamism. Continue reading 12 years of the Spanish economy in 12 charts

G-20: Beware of Protectionism and Devaluation

This article was published in El Confidencial on February 2013 and in The Commentator.

“Protectionism Teaches us to do to ourselves in time of peace what enemies seek to do to us in time of war”. Henry George.

The G-20 summit this weekend was fun. Like the famous Shaggy song “It Wasn’t Me”, everyone denied any currency war or protectionism. However, concerns about rising intervention are not irrelevant when economies are shrinking, as data showed in Germany, France or Italy, or in exhaustion, as we saw with industrial production in Brazil or Mexico. Continue reading G-20: Beware of Protectionism and Devaluation