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Macro Voices
MacroVoices #403 Daniel Lacalle: EU Economic Outlook, Inflation, Monetary Aggregates, Energy and Much More
Nov 22, 2023
01:14:06
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Financial expert and author Daniel Lacalle discusses recession risk, Eurozone weakness, inflation, monetary aggregate contraction, energy prices, and public sentiment towards nuclear energy in Europe on MacroVoices podcast.
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Quick takeaways
- Eurozone economic weakness is causing recession risk and requires attention
- Last week's CPI print is not as bullish as perceived by market participants
Deep dives
The S&P 500 is in a bullish trend despite concerns of a recession
The S&P 500 has been experiencing a relentless advance, reaching new highs. Market participants are optimistic, believing in a soft landing narrative despite weakening macroeconomic indicators.
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