• [WEBCAST] Raoul Pal & Neil Howe: A Sobering U.S. Economic Reality Check

    Prepare your portfolio for “big picture” paradigm shifts with Real Vision co-founder Raoul Pal and Demography analyst Neil Howe. Watch the replay from this webcast.

Below is a chart putting a picture to Spain's ominous economic situation. This week Spain reported producer price inflation at a 24 year high of +10.2% year over year. As the Euro currency depreciates, European countries have an accelerating feature in imported inflation.

Why do global macro investors care about Spain's GDP? Well, for starters, it's still the 8th largest economy in the world. It's also one of the country's who levered up their balance sheet aggressively to the asset leverage cycle.

Stay tuned...
KM

(chart by Andrew Barber, Director, Research Edge LLC)