Author Archives: Danielle Park

U.S. recession odds spike with households pessimistic and risk-exposed

Last week’s University of Michigan consumer sentiment survey saw economic expectations plunge for Democrats, Independents and Republicans. Those expecting an improved financial situation one year from now reached the lowest since 1980 (shown below, courtesy of The Daily Shot).Those seeing … Continue reading

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Danielle on CBC Weekend Business Panel

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Lessons from China (and Japan)

China’s economy is slowing. Amid weak borrowing, slack investment, deflationary pressures and uneven growth, the evidence points to China slipping into a “balance sheet recession”—a phenomenon our guest, Richard Koo, first diagnosed during Japan’s lost decades of the 90s, and … Continue reading

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