Author Archives: Danielle Park

Rough patch in bubble-land

International stocks and commodities are tied at the hip in liquidation selling today, as usual, reminding yet again that different coloured jellybeans in different product wrappers do not offer meaningful risk diversification. Cryptos, too:  no hold of value here, folks. … Continue reading

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Leverage on leverage on leverage…

The reckless obsession with maximizing capital risk and indebtedness under the guise of “investing” is sure to end in financial carnage.  Historical precedents are unambiguous.  When this carbuncle blows, we will be trying to patch financial holes for years to … Continue reading

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Erosion beneath euphoria

Treasury yields rose initially on news that Fed Chair Powell has the nod for a second term.  Apparently, Powell–who’s endlessly sought to boost animal spirits and his portfolio at every market yip–is now a hawk that will raise rates through … Continue reading

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