Macro Watch: Fourth Quarter 2013
5.0 (2 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
18 students enrolled

Macro Watch: Fourth Quarter 2013

Analyzing Trends In Credit, Liquidity And Asset Prices
5.0 (2 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
18 students enrolled
Created by Richard Duncan
Last updated 9/2013
English
English [Auto]
Price: $49.99
30-Day Money-Back Guarantee
This course includes
  • 1 hour on-demand video
  • 7 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • In this course, you will learn why the economy is fundamentally weak and how the government is attempting to manage the economy through credit growth and liquidity creation.
  • You will also gain insights on how government policy may impact the financial markets during the months and years ahead.
Requirements
  • It is recommended (although not absolutely necessary) that students watch Richard Duncan's two earlier courses: 1) Capitalism In Crisis: The Global Economic Crisis Explained, and 2) How The Economy Really Works.
Description

MACRO WATCH

The nature of our economic system changed in 1968 when the United States stopped backing dollars with gold.

In this new age of fiat money, credit growth drives economic growth, liquidity determines the direction of asset prices and the government controls both through aggressive policy intervention.

Macro Watch analyzes trends in credit growth, liquidity and government policy with the goal of anticipating economic developments and their impact on the financial markets.

Richard Duncan, the course instructor, intends to publish four issues of Macro Watch a year. Each issue will contain original analysis pertaining to economic and financial developments as they unfold. Each issue will be sold separately.

Macro Watch Fourth Quarter 2013 is this first in this series. It is comprised of five lectures and is over one hour in length.

Lecture One considers the sources of the fundamental weakness in the US economy that have made Quantitative Easing necessary.

Lecture Two explains why credit growth is likely to remain too weak to drive economic growth over the next few years.

Lecture Three introduces the concept of Liquidity and looks at the impact that foreign-generated liquidity has on asset prices in the United States.

Lecture Four addresses Quantitative Easing, the second major source of Liquidity, and uses scenario analysis to estimate how much QE will be required in 2014 and 2015 to make the economy grow.

Lecture Five discusses the prospects for asset prices in light of the analysis presented in the preceding lectures.

Who this course is for:
  • This course is intended for anyone who wants to understand developments in the economy and financial markets as they unfold.
Course content
Expand all 6 lectures 01:09:17
+ Economic Overview
1 lecture 13:02

This lecture considers the sources of the fundamental weakness in the US economy that have made Quantitative Easing necessary.

Preview 13:02
+ Credit
1 lecture 17:55

Over the next three years, credit growth is likely to remain too weak to drive economic growth. This lecture explains why.

The Outlook For Credit Growth
17:55
+ Liquidity
2 lectures 29:29

This lecture introduces the concept of Liquidity and looks at the impact that foreign-generated liquidity has on asset prices in the United States.

Foreign Generated Liquidity
11:48

The second major source of Liquidity, Quantitative Easing, is discussed here. Scenario analysis is used to estimate how much QE will be required in 2014 and 2015 to make the economy grow.

Domestically Generated Liquidity: Quantitative Easing
17:41
+ Conclusions
2 lectures 07:51

This lecture discusses the prospects for asset prices in light of the analysis presented in the preceding lectures.

Note: Please read the attached Disclaimer.

Prospects For Asset Prices
07:51
Concluding Remarks and Contact Details
1 page