PhD Economist, Fund Manager

Daniel Lacalle is a PhD in Economy and fund manager. He holds the CIIA financial analyst title, with a post graduate degree in IESE and a master’s degree in economic investigation (UCV).

ALL CONTRIBUTIONS

Turn Off The Lights? Europe Hurts Itself Again Trying To Harm Russia.
The European Union has announced strict “energy efficiency” consumption reduction measures to cut 15% of gas demand as Russia threatens to shut down gas supplies.
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China’s Housing Market Slump Becomes A Real Issue
If we can learn anything from this property slump is that inflating growth with a central-planned housing bubble never leads to an easy and manageable solution.
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Why Artificially Low Rates Are Bad For You
Imposing negative nominal and real rates is a colossal error that has only encouraged excessive indebtedness and the zombification of the economy. As it is, rates are still exceptionally low for the level of inflation we have.
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Recession May Already Be Here
The debate about recession risk is pointless. We are already in a recession. Real GDP in the United States declined at an annual rate of 1.6% in the first quarter.
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The ECB Must Follow Its Mandate
The European Central Bank should be hugely concerned about two pieces of news. The euro is on the verge of parity with the US dollar and has accumulated a drop of 17% since 2021. On the other hand, inflation in the Eurozone reached 8.6% in June.
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If Central Banks Do Not Tackle Inflation, Deflation Will Come From A Crisis
Central banks have gone from “whatever it takes” to “no matter what”.
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STOCKS I FOLLOW

ABX Barrick Gold Corporation (Old)
BP BP p.l.c.
COPX GLOBAL X COPPER MINERS ETF
GLD SPDR Gold Trust ETF
GOLD Barrick Gold Corporation
SLV iShares Silver Trust
USO United States Oil Fund, LP

TWEETS

PERSONAL BLOG

Latest Posts
Why Biden’s $2 Trillion Infrastructure Plan May Fail
President Biden has announced the American Jobs Plan, which is summed up in the headlines as a $2 trillion investment program in infrastructure. However, most of it goes to subsidies and current expenditure.
New Lockdowns And More Rigidity Are Disastrous For U.S. Jobs
Employers look at Europe and are afraid more lockdowns are coming here.

Work Experience

Chief Investment Officer
Tressis Gestión SGIIC
September 2015 - Present (7 years 1 month)
Chief Executive Officer
Alphha Strategy Services
June 2015 - Present (7 years 4 months)

Macro analysis, strategy support

Senior Vice President and Portfolio Manager
PIMCO
October 2014 - May 2015 (8 months)

Energy and Utilities

Senior Portfolio Manager
Ecofin
November 2007 - October 2014 (7 years 1 month)

Senior Portfolio Manager. Energy & Utilities. Strong relationships with top management and industry contacts. Voted #1 Oil & Gas Buyside Professional in Extel 2011. Voted in Top 3 in both Oil & Gas and Utilities in 2010, 2009, 2008 and 2007.

Education

Universidad Católica de Valencia San Vicente Mártir
Doctor of Philosophy (Ph.D.)
2016 / 2016
Economics Grade Cum Laude
Universidad Católica de Valencia San Vicente Mártir
Master's Degree
2013 / 2014
Master in Economy Investigation
IESE Business School - University of Navarra
PDDA
2003 / 2004
Business Management

Publications