Subject: The Euro vs. The Dollar
The Euro vs. The Dollar
November 24th, 2020 at 2:01 pm +07The Euro vs. The DollarSince the Covid-19 pandemic began, Macro Watch has focused primarily on the economic policy response to the crisis in the United States. The new Macro Watch video looks at how the policy response in Europe compares with that o ...
New Interview. Highly Recommended
November 14th, 2020 at 12:05 pm +07New Interview: Highly RecommendedI was recently interviewed by Jim Baer for his podcast The Puck: Venture Capital and Beyond. Jim, who works in the world of venture capital and technology, raised many important questions about the dramatic changes oc ...
Stimulus and Your Wealth
October 31st, 2020 at 8:50 am +07Stimulus and Your WealthHousehold Wealth plunged by a record-breaking $7.2 trillion during the first quarter of 2020. It then recovered all of that and more, $7.6 trillion, during the second quarter. Covid and the lockdowns were responsible for the c ...
Understand Money
October 24th, 2020 at 2:53 pm +07Understand Money Monetary Policy is the US government’s most powerful economic policy tool. The Fed is currently creating $120 billion a month and pumping it into the financial markets. That explains why stock prices are so high and why interest ra ...
Bank Reserves Are Irrelevant. QE Works!
October 17th, 2020 at 9:03 am +07Bank Reserves Are Irrelevant.QE Works!Many people believe that when the Fed creates money through Quantitative Easing, that that money simply gets stuck in the banks as Bank Reserves and does nothing to help the economy. That idea is incorrect. The m ...
Dire Consequences Without New Stimulus
October 4th, 2020 at 9:23 am +07Dire Consequences Without New StimulusIf Congress fails to pass a new economic rescue bill soon, the United States is likely to experience a new severe economic downturn that could bankrupt the US financial sector and destroy millions of additional j ...
The Velocity Of Money Is Irrelevant
September 27th, 2020 at 8:13 am +07The Velocity Of Money Is IrrelevantAlthough the subject of the new Macro Watch video is the irrelevance of Velocity in the 21st Century, the video begins with a brief comment on a more urgent matter, recent developments in the financial market. It is ...
Trillions At Stake In Upcoming FOMC
September 11th, 2020 at 2:36 pm +07Trillions At StakeIn Upcoming FOMCA lot is riding on the Fed’s FOMC meeting next week. One misstep could send asset prices crashing. The new Macro Watch video discusses the factors that make this FOMC meeting so much more important than most, incl ...
Interview: Melt Up or Melt Down?
September 5th, 2020 at 5:27 pm +07Interview: Melt Up or Melt Down?I was recently interviewed by Cris Sheridan for Financial Sense Newshour. This was a succinct conversation that addressed many of the issues that most concern investors and the general public today: • What are the f ...
Interview: Did Greenspan Lie To Me?
August 29th, 2020 at 1:25 pm +07Interview: Did Greenspan Lie To Me?In January 2017, Bill Bonner, founder of Agora Financial, organized a roundtable discussion with Alan Greenspan in the hot seat. I was one of a dozen participants invited to ask Chairman Greenspan a question at this ...