What is the Economic Impact of the US Government Shutdown and German Coalition?

What is the Economic Impact of the US Government Shutdown and German Coalition?

In this short video we comment the main events of the week.

The US has seen 18 government shutdowns since 1976 -the last one in 2013-, lasting an average of 7 days. Impact on the broad economy was -and likely will be-inexistent.

A German coalition strengthens the Euro project even if it is a weak and fragile… However, a strong Euro puts inflation expectations and earnings estimates at risk.

Enjoy it!

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, 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.

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