Author Archives: Danielle Park

Risk markets are staging another bear market bounce on Trump’s latest statement that he does not intend to fire Fed Chair Powell. They are also negotiating with China. These things pass as good news today, but the macro picture continues … Continue reading →

Erratic announcements from the Trump administration continue to spook an exodus of capital from asset markets. This morning, the trend intensified following Trump’s latest threats to fire the Federal Reserve Chairman for failing to lower the US overnight rate fast … Continue reading →

Buying assets with high loan-to-value ratios tends to magnify price cycles up and down. Leveraging assets like principal residences to get downpayments for other assets leads to a daisy chain of woe for owners, lenders, and the economy. We’re there, … Continue reading →