Author Archives: Danielle Park

Experience trumps extrapolation

Lance Roberts offers some valuable perspective in Knowledge vs. Experience:  Why most investors end up losing, including the non-log chart of the S&P 500 Index below since 1957.  This chart reminds us of just how historically extreme the rise in … Continue reading →

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Reduced birth and longevity rates exert deflationary impacts for years

The COVID-19 pandemic has exacerbated the deflationary trends of falling birth and longevity rates, especially in the world’s largest consumer nation–America.  The effects will last for years. Life expectancy in the U.S. fell by 1.5 years in 2020, the biggest … Continue reading →

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Treasury yields leading risk markets lower

Born of inflation mania and rampant speculation, the latest downturn in risk markets has been telegraphed by declining global inflation expectations (below since 1995) and falling Treasury yields since the end of March 2021. As noted in my partner Cory … Continue reading →

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