Danielle Park, CFA | TalkMarkets | Page 4
Portfolio Manager
Contributor's Links: Juggling Dynamite
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily ...more

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China Offers Warning On Euphoric Asset Prices Elsewhere
China’s economy is struggling through a multi-year downturn in the property market, a slump in manufacturing activity, and falling exports.
The Equity Bear Market Is Likely Only Started
Asset markets leaped last week as the US Fed and Bank of Canada held monetary policy unchanged for the 5th consecutive month.
Fed Holds Policy Rate At 22-Year High – That’s The Good News
Central banks stop hiking rates when inflation falls and the economy starts showing stress from the prior tightening cycle. That’s happening now.
No Shame In Seeking Debt Help
A generation of people has been devastated by monetary and fiscal policies aimed at ‘helping’ them to borrow financially suicidal sums for housing.
Consumer Spending And Employment Downturn In 2024
Even economists at sell-side bank-broker conglomerates are warning about a consumer-led downturn in 2024. Job losses and credit defaults eventually bring central banks back to cutting short-term policy rates, and that’s when stock markets tumble.
Yield Curve Screaming Bear Market In Process
The US yield curve’s last 17 months of inversion has been the second longest in history.
Markets Have Not Yet Priced New Normal Of Slower Growth China
Since 2019, Chinese property shares have fallen about 65% and counting, this month taking out the 2020 crash low to revisit the 2008 financial crisis bottom.
Lagged Effects Of Epic Tightening Cycle Will Intensify In 2024
Canadian households added $80 billion of additional consumer debt over the past year, taking the total outstanding an eye-watering $2.4 trillion.
Economic Weakness Is Leading Interest Rates Lower
This morning, weaker-than-expected US job creation in November adds to the growing list of negative economic surprises globally.
Easing Cycles Are No Quick Fix
While 80% of equity market losses have historically happened while central banks cut interest rates, Treasury prices have moved in the opposite direction.
Real Estate Cycle Hitting Hard
Those hoping to sell properties for 2020-2022 prices need to face math. Most are hoping for a buyer-ability that is no more.
FOMO Turning To Regret For The Majority Of Households
As we head into the most-harangued shopping weeks of the year, it is important to understand that spending patterns are strongly tied to the value of homes, particularly among the so-called upper-middle-class households.
Buyers In Hibernation As Home Prices Fall
From 2000 to 2022, Canadian home prices increased 375% (an average of 17% annually), while the average Canadian wage (black line below) rose 3% per year. 
Inflated Risk Assets Mean Central Banks Tighter For Longer
A flat October US CPI release yesterday inspired both equities and bonds to rally on a growing belief that inflation is decreasing, and the US and Canadian central banks, on hold since July, are done hiking policy rates this cycle.
Consumer Spending Plans At Recessionary Levels
The University of Michigan Consumer Survey for November found a fresh low in spending intentions.
For Sale Inventory On The Rise
The four Ds drive real estate listings: death, divorce, default, and discretionary. The first three tend to trigger regardless of market conditions.
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