Author Archives: Danielle Park

Bottoming is a process

From the June 17th low to yesterday, the 50 most shorted stocks (in blue below courtesy of DailyShot.com) surged 20% and helped to pull broad stock indices higher (S&P 500 in black gained 7.76%) as speculators covered their bets to … Continue reading

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Easy money has cost a ton

For three decades, the theory was that ultra-low interest rates allow borrowers to save on interest costs. In reality, low rates prompt most to borrow more and go deeper into debt. Last year, Bank of Canada (BoC) research acknowledged that … Continue reading

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What happens in China doesn’t stay in China

In 2021, the median Canadian home price was $531,000 and some 161% of the median Canadian household net worth ($329,000 per the latest available StatsCan data 2019). In February 2022, the average Canadian home price at $816,720 was some 145% … Continue reading

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