1.  00:00  Introduction »

2.  03:47  Europe`s Trip to Deflationary Stagnation Started When Trichet Raised Rates »

3.  04:44  Eurozone in Deflation »

4.  04:58  3-Years of Producer Price Deflation and Now Housing »

5.  06:26  The EM's Have Been Raising Rates - Fighting the Taper Tantrum »

6.  08:16  EM GDP Growth Heading Below U.S. - Time to Cut Rates! »

7.  08:24  Euro Weakness Did Little to Stabilize Breakevens Late in 2014 »

8.  09:26  Cheap Energy is Bullish for Global Growth »

9.  12:08  Inflation in Retreat »

10.  12:27  Cheap Energy Could Deliver a Positive Growth Surprise for 2015 »

11.  15:01  Appendix 1 - Important Disclosure Information »