Author Archives: Danielle Park

A stream of big companies are guiding down their outlook this week with reference to distressed consumers pulling back. See: Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s: Starbucks announced a surprise drop in same-store sales for … Continue reading →

Government transfers to households and businesses exploded to record highs during the pandemic, while central banks helped push interest rates to all-time lows. This enabled excess spending, inflated the price of goods, services, labour, and assets in most countries at … Continue reading →

Hoisington’s First Quarter 2024 Review and Outlook is available here. Always a rich and enlightening economic lesson. For those who think the impacts of the 2022-23 monetary tightening cycle are over, this concise review is worth a look. U.S. dollar … Continue reading →