Daniel Lacalle – X, Released on 10/7/24

Oil prices soaring and eliminating the largest source of disinflation seen in the past months in developed economies -a declining energy component-

Rate cuts exacerbate the impact of geopolitical risk and send more printed money to scarce assets.

via Bloomberg pic.twitter.com/P1HozCztyc

— Daniel Lacalle (@dlacalle_IA) October 7, 2024

Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richtopia, he holds the CIIA financial analyst title, with a postgraduate degree in higher business studies and a master’s degree in economic investigation. He is a member of the advisory board of the Rafael del Pino Foundation and Commissioner of the Community of Madrid in London. His work can be found here.