Author Archives: Danielle Park

Danielle’s biweekly market update

Danielle was a guest with Jim Goddard on Talk Digitial Network, discussing recent developments in the world economy and markets. You can listen to an audio link of the segment here. The chart below (courtesy of Bespoke) shows the sharp … Continue reading

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What happened to Swiss Banks?

Good big picture in this segment. A global clampdown on tax evasion, led by U.S. law authorities, has transformed the banking industry in Switzerland. Without its famed reputation for secrecy, wealthy foreigners no longer see it as a haven to … Continue reading

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Cash crunch intensifies

This morning, stock and commodity markets are plunging amid news of escalating stress at systemically significant investment bank Credit Suisse. The bank’s share price is -24% this morning and -96% since its cycle peak in 2007. Years of destructive financial … Continue reading

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