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.
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.

 


Donald Trump

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.



fiscal action in US

“The Good News Is There Is Room For Fiscal Action”

In the United States, there is absolutely no discussion about the independent nature of organisms like Florida’s State Board of Administration – SBA.  In fact, its director Ash Williams defends an increase in public spending, which is anathema to the Republicans with the exception of President-elect Donald Trump. He also affirms the US and many other industrialised economies need a responsible fiscal policy.



Trump's victory day

US: The “Trumpism” To Come

The big hope of political self-starters like Donald Trump are those voters without a university education, once members of the US middle-class, who accounted for 36% of the electorate in the last elections.


JJ-Ruiz

“A debt crisis in LatAM is still on the very distant horizon”

For the last four years, Jose Juan Ruiz has been chief economist at the Inter-American Development Bank (IDB), the largest multilateral development aid agency in the region, surpassing the World Bank. Despite the fact LatAm has suffered a massive shock, one of the biggest differences this time round compared to previous slowdowns is that the region has $600 billion of international reserves.