Author Archives: Danielle Park

Believe it or not, the violent monetary tightening of the last 13 months has only started to be felt throughout the economy. Job losses are just beginning to drive the lagging unemployment rate up from cycle lows. As risk markets … Continue reading →

The sharpest monetary contraction in decades (US M2 below since 1960) has hit highly leveraged people and sectors like a meteorite from outer space. After twelve years of TINA reaching for yield and levered gambling, a new financial mantra is … Continue reading →

Danielle was a guest with Jim Goddard on This Week in Money. You can listen to an audio clip of the segment starting at 33:30 on the play bar here. The 8.2% year-over-year increase in US shelter costs was the … Continue reading →