Sunday, 30 April 2017

Author Archives Daniel Lacalle

Why Inflation Is Not Helping European Stocks

Posted by Daniel Lacalle
April 11, 2017

The Euro zone CPI data continues to show the rising trend we commented here (read). In January inflation rose by 1.8% year-on-year, the highest reading since February 2013. However, while inflation expectations rise, markets remain stale. The stock market is not showing any boost from this reflation trend. Why? Inflation is up mainly due to energy’s positive […]

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The End Of Currency Wars?

Posted by Daniel Lacalle
March 20, 2017

This piece originally appeared in Hedgeye “From its creation in 1913, the most important Fed mandate has been to maintain the purchasing power of the dollar; however, since 1913 the dollar has lost over 95 percent of its value” -James Rickards One of the least talked about proposals of the future Trump administration is the one […]

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