Author Archives: Danielle Park

Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here.audio clip of the segment here.

The Bank of Canada doubled its overnight lending rate this week to 1% and is expected to move it above 2.5% by year-end. The interest cost on floating rate loans moves with the BOC rate, so each .50% increase adds … Continue reading →

Building off of their analysis in Part 1 of this interview, David Rosenberg & Stephanie Pomboy continue explaining why a recession looms dead ahead, one likely to be accompanied by serious downward corrections in stocks, bonds (except long-dated US Treasurys), … Continue reading →