Author Archives: Danielle Park

The first 57 minutes of this presentation are a worthwhile macro overview. (The final 17 minutes are a micro dive into individual debt types for US investors and less accessible for Canadians and lay people). In his annual “Just Markets” … Continue reading →

Unemployment spikes as recessions begin, but before that, early warning signs are fewer job openings and a shorter work week. The latest December jobs report showed spreading cyclical weakness. Year over year, Indeed job postings fell 15% in 2023. See … Continue reading →

January US Empire Manufacturing reading this morning was -43.7, much worse than the -5 estimated and much weaker than during the 2008 financial crisis/great recession. January Empire Manufacturing Index plunged to -43.7 vs. -5 est. & -14.5 prior; interestingly, index … Continue reading →