Video content of Daniel Lacalle | Talkmarkets
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).


Latest Posts
1 to 16 of 38 Posts
1 2 3
The “Frugal” Countries Are Right
There is no solidarity without responsibility. The European Union Recovery Fund cannot be used as an excuse to perpetuate bloated political spending and create a transfer union where governments use taxpayers’ money to increase bureaucracy.
The World Is Drowning In Debt
According to the IMF, global fiscal support in response to the crisis will be more than 9 trillion US dollars, around 12% of world GDP. This chain of stimulus plans will distort public finances in a way which we have not seen since World War II.
The Slow And Painful Path To Jobs Recovery
The United States recovered 4.8 million jobs in June, adding to May’s 2.5 million jobs rebound. The United States employment recovery is faster than the Eurozone one. However, the positive headlines show weaknesses that will have to be addressed.
Deeper Crisis, Weaker Recovery
If we look at the recovery so far in the majority of economies it is quite less exciting than what many expected, so what we can certainly rule out is the concept of a V-shaped recovery.
The Risk Of The “Bailout Of Everything”
Despite massive government and central bank stimuli, the global economy is seeing a concerning rise in defaults and delinquencies.
Debunking The Myth Of “Gold-Backed” Currencies
Many countries claim they have “gold-backed” currencies in an effort to try to provide security and investor confidence. However, the reality is that none of the world’s fiat currencies are remotely gold-backed, and the Chinese yuan even less so.
A New Bubble? Are Markets Ignoring The Crisis?
Multiple expansion is back. The S&P 500 Price to 12-month Forward Earnings multiple is back to almost pre-crisis levels.
FV Gold And Cryptocurrencies In Times Of Crisis
Emerging Market rising demand as local currencies collapse.
Is The Stock Market Cheaper After The Crash?
If we want to understand whether the recent bounce is a true buying opportunity we need to believe that stocks are cheaper.
Latin America. Two Kinds Of Crises
Argentina, Venezuela, Mexico, and Brazil are likely to see a sharper fall in economic output than the average of the zone and the rest of the world.
U.S. Depression: The V-Shaped Recovery Fades, The EU Is Worse Off
The recent jobless claims figures show how difficult it will be for the U.S. recovery to be as quick and strong as initially expected.
Three Reasons Why The Eurozone Recovery Will Be Poor
The Eurozone economy is expected to collapse in 2020. In countries like Spain and Italy, the decline, more than 9%, will likely be much larger then emerging market economies.
Durable Goods Orders Show Extent Of Weakness
United States durable goods orders came down 14.4% (vs 11.8% expected) to $213 billion in March, the weakest number since 2014.
Large Stimulus Packages Do Not Solve A Supply Shock
In this interview I comment on the risks of expecting the large stimulus packages of governments and central banks to boost growth in a supply shock added to a forced shutdown.
Is Now The Time To Buy Gold?
In this interview, Daniel Lacalle explains why the fundamentals for gold are stronger each day, and why silver and palladium should not be ignored in the current crisis.
Helicopter Money Will Fail
A discussion about the concept of helicopter money, the mistake of using the Hong Kong example and why it is likely to be implemented… and fail.
1 to 16 of 38 Posts
1 2 3