Author Archives: Danielle Park

Reducing risk before an “official” recession call is key

The usual suspects are populating the airwaves this week with a slew of nonsense and harmful advice. Most frequently you will hear long- always managers and commentators without any meaningful investment discipline, recommending stocks every day of the week. None … Continue reading

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One by one: understanding the tyranny of debt (at long last)

12-year-old Victoria Grant giving a lecture at a recent Public Banking Institute conference has spread via the Internet. In it, Grant talks about the history of the Canadian banking system and the effects of ‘collusion’ between governments and financial institutions. … Continue reading

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Bankers just “kids juggling dynamite”

I have been saying this for years, but it is always nice to hear others admitting the truth about modern investment bankers: they are an accident waiting to happen. Reckless risk-taking on the tax payer tab must end. This is … Continue reading

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New York before the city

In September 2009 National Geographic did a memorable feature on “The Mannahatta Project”, the remarkable work of dozens of historians and scientists led by landscape ecologist Eric Sanderson to uncover the ecological origins of the land that is modern New … Continue reading

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Why the US is heading back into recession

Economic Cycle Research Institute’s Lakshman Achuthan on The News Hub discusses why he believes the U.S. economy is heading back into recession in the next several months. Here is the direct link. Recommend on Facebook Tweet about it Print for … Continue reading

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Co-author of Volcker rule on JP Morgan losses

Senator Carl Levin, (D-MI), a co-author of the Volcker rule, discusses the renewed warning on systemic risks with JP Morgan’s $2 billion trading loss and the loop-holes bankers like Dimon are pushing for, in order to work around regulation. Here … Continue reading

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Hard Assets New York Monday and Tuesday

I will be in New York on Sunday to Wednesday next week for some meetings and media and to speak at the Hard Assets New York investment conference at the Marriott Marquis in the heart of Times Square.  Things kick … Continue reading

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Neil Barofsky on JP Morgan’s “hedging” losses

Here is a point typically missed in the hours of breathless banter on bankers’ “hedging strategies”. Leverage magnifies risk: it increases profits on the way up and predictably vaporizes capital when asset prices reverse course. On the opposite end of … Continue reading

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Danielle’s weekly market update with Talk Digital Network

Danielle was a guest today with Phil Mackesy on Talk Digital Network discussing recent developments in the global economy and markets.  You can listen to the audio clip here. Recommend on Facebook Tweet about it Print for later Tell a … Continue reading

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James Montier shines light on the “The flaws of finance”

James Montier is a member of the asset allocation team at GMO UK Ltd. Previously, he was co-head of global strategy at Société Générale S.A. and a global equity strategist at Dresdner Kleinwort. Mr. Montier is the author of several … Continue reading

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Interview with Financial Survival Network

Yesterday I did my bi-weekly spot with Kerry Lutz out of Greenwich. You can listen to the audio here. Recommend on Facebook Tweet about it Print for later Tell a friend

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2012 recession process in motion

Lakshman Acuthan, Economic Cycle Research Institute, says a recession could begin by the middle of 2012. “It takes six months after a recession begins for people even to recognize [it],” he tells “Squawk Box.”  Here is a direct link. This … Continue reading

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Innovative thinking is the way forward

Although many fight the progress and change needed in the world, I see a lot of very exciting things happening in science and innovation which I know can help to solve the major hurdles presently facing humanity. As much as … Continue reading

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Cognitive dissonance epidemic in finance

Paul Krugman is a controversial economist to say the least. In recent years he has become famous for anti-austerity pleas, insisting that governments need to keep up deficit spending to ward off an intensifying of the global recession. I would … Continue reading

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Obama still lacks will to crackdown on criminal corporate actions

“The presidential election is well under way but as President Barack Obama tries to position himself as the defender of the middle-class who will protect the 99% against corporate malfeasance and too big to fail banks, he may find himself … Continue reading

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