Author Archives: Danielle Park

Monetary policy impotent during a balance sheet recession

Posted on July 13, 2021 by Danielle Park

Between 2008 and 2019, excess capacity, slow growth and never-ending central bank liquidity injections suppressed interest rates and encouraged corporations to magnify profits by increasing their debt.  This meant that the corporate sector came into the 2020 recession with record … Continue reading →

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Grantham: climate is the “race of our lives”

Posted on July 12, 2021 by Danielle Park

When legendary value investor Jeremy Grantham turned 80, he made two resolutions: “to be prepared to write a cheque up to the limits of your ability”, and to “say what you think you should say to everybody”… In this week’s … Continue reading →

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Hoisington Q2 Quarterly Review and Outlook

Posted on July 12, 2021 by Danielle Park

Four pages of big picture insight, Hoisington Investment Management’s Second Quarter Review and Outlook “Too Much Debt” is now available here.  Spoiler alert: The current economic growth and inflation rates of 2021 will be the highest for a very long … Continue reading →

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