Author Archives: Danielle Park

Rethinking risk-exposure

The Great Fire of London in 1666 prompted the creation of the first fire insurance companies, which later evolved into broader property insurance. Home insurance became more widespread in the 19th century, particularly in the United States and Europe, as … Continue reading

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Surprise: financial conditions tightening into 2025

While the U.S. Federal Reserve cut overnight rates by 125 basis points since November 2023 (below on the lower right), the U.S. 10-year Treasury yield has risen more than a percentage point, touching 4.8% for the first time since October … Continue reading

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How Canadian prime ministers stepped down over the years

History offers valuable perspective on human systems and cycles. Political leadership is easy to criticize and hard to do. Pendulums swing, and so it goes. Revisit decades past in Canadian politics as prime ministers came and went and oversight of … Continue reading

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