Click the headers below to open and close sections.

EVENTS / APPEARANCES

• Conference Call Slides: Near-Zero Rates for Years - Can Economies Adjust? - 1-11-2012
  Conference Call with David Malpass
  January 11 at 10am EST
  Topics of discussion:
  Fed promises no hikes; Germany’s nominal rates go negative; Japan surviving zero rates
  Comparing central bank balance sheets and sterilization measures
  Problems from zero rates: capital rechanneled; personal income weak; interbank markets collapse
  Softening trend in global grow

• Conference Call Slides: 2012 Outlook
  Conference Call with David Malpass
  Friday, December 16 at 10am EST
  Topics of discussion:
  Europe’s outlook
  Global growth
  U.S. growth and employment
  Weak median income and household wealth – how severe is the dissipation?
  Stocks, bonds and gold
  

• 12-02-2011 - Conference Call Slides: Can Global Growth Lift Europe?
  Friday, December 2 at 10am EST
  Topics of discussion:
  How quickly is U.S. labor environment improving?
  On the upside, what happens if U.S. growth surges due to cyclical factors and animal spirits? Can it lift Europe?
  On the downside, what happens when Italy’s and Spain’s finances get worse or the ECB stops accepting weak collateral?
  Can incremental change stabili

• Conference Call Slides: Europe Issues - 11-15-2011
  Topics of discussion:
  State of play in Europe
  How sharp is the economic slowdown?
  Burn rate for Spain and Italy
  Europe’s policy options; what forces action?
  Will eurozone shrink?
  Impact outside Europe: U.S., Asia, emerging markets
  

• Conference Call Slides: Europe's Decline - Can U.S. Decouple? - 10-19-2011
  Conference Call with David Malpass
  Wednesday, October 19 at 10am EDT
  Topics of discussion:
  Timeline for Europe’s debt crisis
  Can bank recapitalization work?
  Can Italy avoid becoming Greece?
  Worst case and best case scenarios
  Implications for U.S. growth, profits and financial markets
  

• Are Markets Too Fearful? - 8-25-2011
  Conference Call with David Malpass
  Thursday, August 25 at 10am EDT
  Topics of discussion:
  Comparing central bank balance sheets: can they steer the outcome?
  Scenarios for Europe’s debt crisis
  Will debt force a long recession/depression?
  Can risk aversion stop Asia’s growth?
  Any hope for U.S. fiscal and housing policy?
  

• Conference Call Slide: Engines of Growth During Malaise
  Conference Call with David Malpass
  Thursday, July 7 at 10am EDT
  Topics of discussion:
  Elephant-sized structural reforms are transforming global economy
  Near-term engines of growth – bank lending, broadening China demand, pent-up investment and acquisition demand, housing in 2012
  Evolution of world monetary/banking policy – Fed’s SIV model, credit rationing, dod

• Conference Call Slides: Will Debt Stop Growth? 6-15-2011
  

• Watch David Malpass on CNBC - 5-19-2011
  

• Conference Call Slides: Summer Shocks - QE2, Debt Limit, Europe Debt - 5-13-2011
  

• Conference Call Slides: Are the Dollar and U.S. Debt at a Tipping Point? 4-27-2011
  Conference Call with David Malpass Topics of discussion:
  Can Bernanke smooth bond impact from the wind-down of QE2 and the delay in debt limit increase? Debt limit impasse – any market impact? $2 trillion more needed soon. Will the dollar crash? Will inflation, commodities or bond market force Fed to act? Global asset performance with Fed funds rate

• Conference Call Slides: After Japan's Earthquake - 3-16-2011
  

• Watch David Malpass on CNBC - 3-7-2011
  

• Watch David Malpass on CNBC - 2-14-2011
  

• Watch David Malpass on Reuters TV - 2-3-2011
  

• Senate Budget Committee Testimony - 2-1-2011
  

• Watch David Malpass on Fox Business - 1-28-2011
  

• Watch David Malpass on CNBC's Kudlow Report - 1-12-2011
  

• Watch David Malpass on CNBC's Kudlow Report - 11-18-2010
  

• Conference Call Slides: Tax Hike and Fed QE: Will Washington Reverse These Blunders? - 11-10-2010
  Conference Call with David Malpass
  Wednesday, November 10 at 11am EST
  Why There is Growing Opposition to Fed QE
  Does QE Actually Stimulate?
  Impact of Winding Down QE
  Outlook for Tax Rates and Lame Duck Session
  

• Conference Call Slides: Fed Expansion Versus Tax Hike: Who Wins? 10-19-2010
  Economic outlook: impact of Feds Treasury purchases
  Can Fed quantitative easing offset a contractionary tax increase?
  Contrast with Japan’s quantitative easing
  David’s article in todays WSJ entitled “How the Fed is Holding Back Recovery”
  Legislative issues in the lame duck session and 2011

DAVID MALPASS - RECENT PIECES

• Households Gained a Million Jobs In 3 Months - 11-4-2011
  

• Europe Update: Key Variables - 11-3-2011
  

• Outlook: U.S. and Europe to Slow - 10-31-2011
  

• Europe Agrees to Do More - 10-27-2011
  

• October Cautions: Jobs and Wages Up Too Little - 10-7-2011
  

• ECB Does the Minimum - 10-6-2011
  

• Plan Forming in Europe - 10-4-2011
  

• Good News on Europe Now, But Then What? - 9-27-2011
  

• Drawn-Out Operation Twist - 9-21-2011
  

• Policy Freeze Points to Recession - 9-15-2011
  

• Europe Developments Overshadow Obama and Bernanke Speech - 9-9-2011
  

• U.S. Fiscal Outlook Getting Worse 9-8-2011
  

• September Cautions - 9-7-2011
  

• Private Sector Jobs Grow, Gov't Shrinks - 9-2-2011
  

• CBO Deficit Update - 8-24-2011
  

• Trichet at Jackson Hole; Huge Profit Available for Europe 8-24-2011
  

• Bernanke at Jackson Hole - 8-24-2011
  

• Gold and Bonds Priced for Collapse - 8-23-2011
  

• Europe's Bank Funding and Spreads Not as Big a Problem as Slow Growth - 8-18-2011
  

• Near Term Cautions - 8-18-2011
  

• U.S. Production Growth is Not Enough - 8-16-2011
  

• Rebuilding Confidence - 8-11-2011
  

• Jobs Show Extended Soft Patch, Not Double Dip - 8-5-2011
  

• Europe Struggles; Geuribor Spread Widens - 8-4-2011
  

• Bond Yields Tanking More Than Economy - 8-4-2011
  

• Second Quarter GDP Weak; Lowering Q3 - 7-29-2011
  

• Bottom in Bank Stocks as Regulatory Capital Requirements Are Met? - 7-21-2011
  

• Look Past Wall of Worry to Stronger Second Half Growth - 7-20-2011
  

• Inflation Should Fall, Then Rise Over Longer Term - 7-15-2011
  

• Initial Claims Should Fall - 7-27-2011
  

• Yields Rising in Europe's Debt Crisis - 7-12-2011
  

• Spike in Recent Unemployment - 7-8-2011
  

• Second Half Lift Off with U.S. Alone on Weak Monetary Policy - 7-7-2011
  

• Next Up, Debt Limit Crisis - 6-30-2011
  

• Inflation Trade Gone Sour - 6-29-2011
  

• Key Variable: U.S. Second Half Growth - 6-28-2011
  

• Thoughts on the Data and Market Sell-off 6-16-2011
  

• Stronger Second Half; Good Time to Sell Bonds - 6-10-2011
  

• Job Growth Drops in May - 6-3-2011
  

• Substantial 2011 Soft Patch; Lowering 2nd Qtr GDP, but not 2nd Half - 6-1-2011
  

• Weak ADP and ISM Data: Employment Preview - 6-1-2011
  

• Near-Term Outlook - 5-31-2011
  

• Fed to Borrow from Fannie / Freddie Reducing Credit Market Disruption - 5-24-2011
  

• QE2 Ends Like Y2K - 5-12-2011
  

• Fed Not Printing; Global Implications - 5-10-2011
  

• Stronger Payrolls, but Other Weakness Points to Moderate Growth - 5-6-2011
  

• Bond Squeeze Nearly Over - 5-3-2011
  

• Bernanke Says Strong Dollar, But... 4-27-2011
  

• Treasury Bond Squeeze - 4-25-2011
  

• Fed Exit - Fed Funds Rate, not QE2, the Key Variable - 4-25-2011
  

• Whipsaw in Bond Yields - 4-18-2011
  

• Tall Wall of Worry; Good Second Half Outlook - 4-15-2011
  

• Europe Update: Portugal Slides Toward Debt Restructuring; Spain Doesn't - 4-8-2011
  

• Budget Chaos, but Little Lasting Impact - 4-8-2011
  

• Record Gold; Bond Yields to Rise 4-5-2011
  

• Fed Exit Strategies - 4-1-0211
  

• Another "Soft Patch'? 3-29-2011
  

• CBO Releases Re-Estimate of the President's Budget 3-18-2011
  

• U.S. Assets $70.7 Trillion, Debt $36.3 Trillion - 3-11-2011
  

• U.S. Exports Hit Record $168 Billion in January - 3-10-2011
  

• Brief Global Outlook - 3-9-2011
  

• Payrolls Improving; Unemployment at 8.9%; Millions to Hit 99 Week UI Limit - 3-4-2011
  

• QE2 Not Justified: What If Bernanke Stops Buying? - 3-4-2011
  

• Price Uptrends Intact; U.S. Expansion Builds - 3-3-2011
  

• Only Small Budget Cuts Coming; Washington's Boom Goes On - 2-25-2011
  

• North Africa Turmoil: Europe, Not Oil, the Weak Link - 2-24-2011
  

• Growth Now, But Threats Rising - 2-23-2011
  

• Egypt Risks Include Hoarding - 2-10-2011
  

• Job Growth or Conspiracy? - 2-8-2011
  

• Weak Payrolls, but Recovery in Other Indicators - 2-4-2011
  

• Gold Down, Equities Up - 1-27-2011
  

• Reaching the Limits of Washington's Debt Expansion - 1-26-2011
  

• U.S. Debt and Asset Picture - 1-19-2011
  

• Growth Metrics: Strong Consumption, but Weak Production and Labor - 1-14-2011
  

• China Outlook: Growth and Monetary Tightening to Continue - 1-13-2011
  

• Strong Economic Data; Markets Doubt Monetary and Fiscal Restraint - 1-5-2011
  

• Consumption Growing Faster than Income; Farm Income Surging - 12-23-2010
  

• 2011 Global Outlook and Forecasts - 12-22-2010
  

• Impact of Washington's Tax and Spend Finale - 12-17-2010
  

• Credit Drain on Small Businesses and Households Lessening Somewhat - 12-10-2010
  

• Q3 Household Net Worth Grew with Equities; But Home Values Fell - 12-9-2010
  

• Weak Job Gains at Establishments and Job Losses at Households - 12-3-2010
  

• Tax Crisis Matters More Than European Debt - 11-30-2010
  

• Ireland's Not Greece - 11-23-2010
  

• Volatile December from QE and Taxes - 11-22-2010
  

• Rolling European Debt Problems - 11-10-2010
  

• Tax Cut Plus QE2 - Both in Doubt - 11/10/2010
  

• Winding Down the Fed's QE - 11-8-2010
  

• Good Job Gains at Establishments, but Losses for Household 11-5-2010
  

• Gradual Recovery Should Begin to Show Up in Jobs - 11-4-2010
  

• Full Punch Bowl - 11-4-2010
  

• Election Impact on the Dollar - 11-2-2010
  

• Impact of Higher Tax Rates - 11-1-2010
  

• GDP Report Shows Slow Growth - 10-29-2010
  

• Big Tax Increase: Neg Q1 GDP? - 10-29-2010
  

• Good News Priced In, Cautious on Equities - 10-26-2010
  

• Get Ready for Tax Chaos - 10-14-2010
  

• Tepid Private Sector Job Gains; Local Governments Downsizing - 10-8-2010
  

• Giant Free Lunch Creating Stagflation - 10-5-2010
  

• Record Transfers Help Moderate Recovery in Income and Spending - 10-1-2010
  

• Bubble in Gold and Bonds - 9-29-2010
  

• High Stakes in Extending Bush Tax Rates - 9-29-2010
  

• Greenspan on Gold, Weak Business Investment - 9-15-2010
  

• Gold Hits New Record; Barbell Trade Still Draining Resources - 9-14-2010
  

• Jobs Report Mixed, Most Job Gains Part-Time - 9-3-2010
  

• U.S. Trade Deficit Continues Widening in June - 8-11-2010
  

• Jobs Report Weak, Unemployment Rate Flat at 9.5% - 8-6-2010
  

• Jobless Claims Higher, but Underlying Details Not So Bad - 8-5-2010
  

• Income Stagnation - 8-3-2010
  

• GDP Report Shows Lower Start for Second Half Growth - 8-2-2010
  

• Small Business Sentiment Worsened; No Regulatory Relief 7-13-2010
  

• Jobs Report Weak; Unemployment Rate Falls - 7-2-2010
  

• Spending Moderating Below Trend; Income Stabilizing - 6-28-2010
  

• China's Yuan to Strengthen - 6-20-2010 (Client)
  

• Small Business Credit Drain - 6-11-2010