Economic Commentary and Market Views by Daniel Lacalle
Raising rates does not resolve energy shocks, Daniel Lacalle argues
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, critiques central bank policy responses to energy crises. He compares interest rate hikes amid energy shocks to raising ...
Daniel Lacalle: Brent forward curve shifts to deeper backwardation amid geopolitical risk
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, observes that the Brent forward curve has moved into deeper backwardation due to heightened geopolitical risk impacting ...
Current labor and CPI trends do not justify rate hikes, Daniel Lacalle argues
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, compares central banks raising rates during an external energy shock to raising taxes in an attempt to reduce rainfall. ...
Daniel Lacalle: U.S. consumer confidence strengthens as Michigan index beats expectations
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, highlights rising consumer confidence in the U.S. economy. According to Lacalle, the University of Michigan sentiment ...
Disinflation in core CPI opens door for rate cuts, Daniel Lacalle notes
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, observes that the Federal Reserve now has a window to maintain or even lower interest rates. He points to signs of ...
Daniel Lacalle: Government spending is not a tool for economic growth
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, argues that government spending does not serve as a sustainable tool for economic growth. He claims that including ...
U.S. headline CPI to drop to 3.9% in June, Daniel Lacalle expects
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, highlights that Bloomberg Economics forecasts headline CPI for June will fall by 0.07%, compared with a 0.47% increase ...
Daniel Lacalle: Wealth taxes risk driving jobs and capital away
Daniel Lacalle, chief economist / investment manager at Tressis Gestion, argues that wealth taxes amount to double taxation on already-taxed income, savings, property, and investment. He contends ...
U.S. crude falls below $72 with record supply easing geopolitical worries, Daniel Lacalle notes
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, reports that energy prices are declining as U.S. crude falls below $72 per barrel. The drop comes amid news of record ...
Daniel Lacalle: Monetary tsunami expected to bring larger wave for markets
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, warns that the ongoing monetary expansion is driving markets and anticipates that the next phase could be significantly ...
Rate hike expectations fall as inflation pressures drop, Daniel Lacalle notes
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, notes that rate hike estimates are falling rapidly as inflationary pressures diminish. This trend indicates shifting ...
Daniel Lacalle: Oil price decline challenges doomsday scarcity predictions
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, highlights that the recent drop in oil prices has been sharper and quicker than expected. He argues that this movement ...
Japanese currency in freefall after inflation push, Daniel Lacalle argues
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, argues that Japanese governments' aggressive pursuit of inflation has led to the currency falling sharply. He expresses ...
Daniel Lacalle: Oil price in U.S. falls below $69 as geopolitical risks ease
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, reports that oil in the U.S. (WTI) has declined to below $69 per barrel as geopolitical threats diminish and supply ...
Dollar functions as primary reserve and safe-haven currency, Daniel Lacalle states
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, highlights that the dollar continues to serve as the primary reserve, funding, and safe-haven currency worldwide. ...
Daniel Lacalle: Burnham’s economic policies have led to stagnation and debt in France
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, criticizes Burnham’s economic strategy. He contends that the policies are neither innovative nor progressive and ...
CPI expectations could fall below 3 percent, Daniel Lacalle predicts
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, points to ongoing commodity disinflation and a strong dollar as encouraging signals for upcoming inflation data. ...
Daniel Lacalle: Brent at $74 and WTI at $70 as disinflation accelerates
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, observes that Brent crude oil prices have reached $74 per barrel while WTI stands at $70. Lacalle explains that the ...
UK economy contracts for second straight month, Daniel Lacalle notes
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, reports that the UK economy contracted for a second consecutive month in June, citing a private sector survey. The data ...
Daniel Lacalle: Public spending is a key driver of inflation, not central banks
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, claims that central banks refuse to acknowledge public spending as the main cause of inflation. He adds that their ...
U.S. dollar index climbs past 100 as global demand reaches new record, Daniel Lacalle notes
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, reports that the U.S. dollar index has risen above 100 amid record global demand for U.S. assets. This movement ...
