Daniel Lacalle

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Last quote by Daniel Lacalle

The bulls of the oil market are missing the elephant in the room which is efficiency and technology. It takes away every year – no matter what they say – it takes away estimates of growth of demand in the region of around 500,000 to 600,000 barrels per day. The level of investment which has been taken in the last decade has created an overcapacity that is simply impossible to offset with a Chinese economy moving into a different state. (China) is less about a massive use of commodities and more into the services business.feedback
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Oct 12 2017 UBS
Daniel Lacalle has been quoted in 2 different articles. Most recently, Daniel Lacalle has been quoted saying, “The problem is that we have entered into such massive monetary policies … the environment both at the corporate level and at the government level is unable to digest a small (interest rate) increase of 25 basis points. So how do we get out of this problem without causing further problems because now … we are only going to see the zombification of economies.” in an article called Why raising interest rates by just 25 basis points may cause ‘zombification’. This is only one of 2 quotes from Daniel Lacalle. To see more examples Daniel Lacalle’s views and opinions, check out the section below. You can filter Daniel Lacalle's quotes by date and by topic to see, for example, what Daniel Lacalle said about problem recently and in the past.
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