Author Archives: Danielle Park

Stocks are behind the curve (as usual)

The S&P 500 and the US government bond index are now down about 12% from their highs (similar to Canada’s treasury bond index). A big difference is that while this has been the largest drawdown for government bonds in 40 … Continue reading

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Bubble prices and rising rates are a deflationary force for home prices

BUSY WEEK!!! Where to start!? Let’s start with the most widely held and highly leveraged asset globally, housing. In the past few months, bond prices have dumped (spiking their yields) to discount for a whopping 3% of central bank rate … Continue reading

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Who’s got the Macro Story Right?

Good update on why bonds are deeply oversold and likely to rebound as economic growth and equities continue lower. The consumer cyclical segments of the stock market can see the recession, but all the bond market sees is endless inflation. … Continue reading

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