The biggest mistakes in analysing macroeconomic data is to assume causality to factors that are just catalysts. Continue reading India. The Biggest Risk In Emerging Markets?
Why I believe the US stock market is cheap vs others
The stock market, like any other market, is a set of relative opportunities, not absolute ones.
I have never seen a more pessimistic environment despite a stock market that continues to reach all-time highs. The S&P 500.
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No, Governments With Monetary Sovereignty Cannot Issue All The Debt They Want
In this era of monetary fiction, one tends to read all types of undocumented and misguided views on monetary policy. However, if there is one that really is infuriating is the MMT science fiction. Continue reading No, Governments With Monetary Sovereignty Cannot Issue All The Debt They Want
Monetary Stimulus Does Not Work. The Evidence Is In
@dlacalle_IA
In a report called “A report card for unconventional monetary policy,” Deutsche Bank has analyzed the impact on the economy of “unconventional” monetary policies, quantitative easing and negative interest rates.
Continue reading Monetary Stimulus Does Not Work. The Evidence Is In