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

In this video, we discuss a few issues, including:

  • ECB is caught between a rock and a hard place with the Euro.
  • Strong Euro could derail the European Stock Market recovery. Bad for banks and inflation linked assets.
  • Reflation Trade is over. Inflation expectations falling in US and Europe
  • Market was too worried about the debt ceiling.
  • Expect less rate hikes from the Fed. Financial conditions easing. Buy US stocks
  • Oil below $50 in the middle of North Korea tensions and Hurricane Season means it will drift lower when things normalise
  • Tensions with North Korea will likely hurt global trade

Daniel Lacalle is Chief Economist at Tressis, SV a PhD in Economics and author of Life In The Financial Markets, The Energy World Is Flat (Wiley) and Escape from the Central Bank Trap (BEP).

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, Hedgeye, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

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