Monthly Archives: September 2008

Ms. Park did a series of radio and television interviews for CBC today across Canada. Tonight a segment of her interview will air at 9pm est on The National, talking about risk in current credit and stock markets around the … Continue reading →

So far (at least) today we have bounce day for equities and some commodities. While metals and the Canadian dollar are down hard again as I write. Bounce days are a natural recurring phenomenon in on-going bear markets. But it … Continue reading →

Stock markets are plunging today supposedly in response to uncertainty over the Paulson bail out in the US. Actually that is not true. As I have said before, for the past couple of years stock markets have been wildly over-priced … Continue reading →

For me, the hardest thing in watching the current financial crisis unfold is that is was entirely foreseeable and could have been avoided had there been any independent, responsible thinkers in charge. Instead we got herd-think and Bubblenomics that led … Continue reading →

Ms. Park was the guest Portfolio Manager on BNN, Market Lookahead this morning at 9:20am talking about recent news of the US bail-out package and Warren Buffett. A clip of the interview is available here. Recommend on Facebook Tweet about … Continue reading →

I caught Donald Trump on Larry King last night. He was telling people he is leery of the stock market here and would not be buying it. He was saying he would park cash in T-Bills or buy a house. … Continue reading →

Many years ago, when I realized how corrupt and self-serving the financial industry can be, I felt disheartened, disillusioned and thought about changing careers. At the time I had been working on the sell side of a major investment brokerage … Continue reading →

This morning markets around the world are roaring their hope-filled applause at the announcement that the US Government is trying to set up a place to swap in bad debts and get them off of bank balance sheets. If they … Continue reading →

Ms. Park was the guest portfolio manager on “Investing Styles” on BNN this afternoon at 2:50 pm est. She was talking about the management discipline employed at her firm which has enabled them to make gains and not losses during … Continue reading →

The credit markets of the world are signalling severe distress. The overnight LIBOR rate (off which all credit instruments are relatively priced) yesterday shot to an incredible 6.5%: Today the yield on US T-bills plunged to the lowest levels since … Continue reading →

Ms. Park will be doing a second interview with Ron Charles for CBC tonight airing at 9pm on Newsworld and 10pm on CBC Television. Recommend on Facebook Tweet about it Print for later Tell a friend

For the past several years, I have been writing about the likelihood that world stock markets entered a long secular bear cycle in 2000. In history these secular bear cycles have always followed long secular bull cycles and have averaged … Continue reading →

Ms. Park will be interviewed on CBC News Today with Suhana Meharchand at about 1:20pm est. They will be discussing this week's market action and the Federal Reserve interest rate decision today. Recommend on Facebook Tweet about it Print for … Continue reading →

Many people are angry and upset over the trend of recent events and mounting financial losses around the world. The list of those who bear guilt in this fiasco is long. In the final months of election campaigns in Canada … Continue reading →

We live in very anxious times. People everywhere are talking about their fear. The demise of the US economy has become gradually and then widely accepted as the U$ dollar plummeted for 7 years. As the dollar fell and credit … Continue reading →