Author Archives: Danielle Park

Hard landing, new stock market lows ahead

Posted on July 14, 2023 by Danielle Park

As we enter the second half of 2023, the economy continues chugging along. GDP growth for Q2 is currently estimated at 2.3%, and inflation continues dropping, with the latest June headline CPI just in at 3.0%. Have those warning of … Continue reading →

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Housing inventory to explode higher

Posted on July 13, 2023 by Danielle Park

Home prices in the US peaked a year ago in June. Since then, transactions have noticeably cooled as mortgage rates have skyrocketed. And while prices have declined in a number of markets nationwide, the correction so far has been quite … Continue reading →

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Central banks holding the hand brake

Posted on July 12, 2023 by Danielle Park

The June US Consumer Price Index (CPI) came in at a 3% annualized rate, down from the pandemic-inflamed peak of 9.1% a year ago. FOMC chair Powell has said that ‘super-core’ services ex-shelter (which excludes food, energy, rent and used … Continue reading →

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