Articles by Pablo Pardo

About the Author

Pablo Pardo
Pablo Pardo is Washington DC correspondent of El Mundo. Journalist especialized in International Economics and Politics.
Trump self-proclaimed as the "King of Debt"

The King Of Debt And Debt

“I am “the king of debt”. That was very grandiose for me as a businessman, but it’s bad for the US. I made a fortune with debt, I will sort out the US”. This is the kind of tweet which would ruin anyone’s political career, with the exception of one person: Donald Trump.


The year of US infrastructures

The US: 2018 May Be The Year Of Infrastructures

2018 may be the year of the infrastructures. Perhaps it won’t be the best or the most efficient plan which emerges. But what’s clear is that something has to be approved which allows Donald Trump to cut the ribbons on motorways, bridges and other more or less large structures.


Mohamed El Erian interview

“There Is Some Problem With The Productivity Statistics”

Mohamed El-Erian, currently chief economist with German insurance group Allianz, and touted as a possible sucessor to Stanley Fischer, believes that monetary policy cannot do any more. And that the governments of the democratic countries have not been capable of coordinating economic policies which solve the problems created by the last crisis.


US conventional oil excesses

USA “unconventional” excesses

Pablo Pardo (Washington) | Why has the US continued to pump “unconventional” oil to such an extent that it seems almost certain that this will be the year when it beats its production record? It is also an example of the extent of the US economy’s madness with the Federal Reserve’s expansive monetary policy over the last 10 years.



The FAANG companies are moving Wall Street

The FAANG, Five Companies Which Move US Market

The FAANG, an acronym for Facebook, Apple, Amazon, Netflix and Google, are the five companies really moving the US market.  As a matter of fact, it is entirely dominated by Apple. And this firm’s expectations are what drives its share price.



Prices in the US meets Fed's target

The Miracle Of The Prices And Fishes In The US

Despite the chaos of the Trump administration, prices have reached the Fed’s target. The announced “tapering” is complicated because if the central bank is not careful rates could shoot up more than necessary.



Warren- Buffet

Father Buffett Admonishes Quickness And Commends The Virtues Of Being Passive

Be passive! That seems to be the key for successfully investing these days. Put your money in an ETF that targets a basket of stocks, or, even better, into an indexed fund and forget about the rest. It is a market trend that has been blessed by no other than Warren Buffet. In his last encyclical (otherwise known as, simply, Berkshire’s letter to shareholders), the Oracle of Omaha tells his flock