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.
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


Dow Jones

The US: The Paradox Of The Dow Jones Index

It doesn’t matter what Trump says: the manufacturing companies are facing hard times. The best example of this is the Dow Jones. If the index was composed today of the same stocks as in 2004, it would not reach 13,000 points.

 


Trump not facing a junta

The Rule of Law Is In A Tight Spot In The US With Trump

Donald Trump is clearly interfering with corporate liberty, directly criticising on Twitter every investment the big companies make. But the question is that he functions by and for the cameras and hasn’t taken in what the rule of law is. So you can’t ask him to have respect for regulations and institutions. He will be sworn in today.