Author Archives: Danielle Park

Wealth effects from asset bubbles and stimulus are transitory

Posted on March 4, 2021 by Danielle Park

The Canadian economy shrank 5.4% in 2020 (the sharpest annual decline since World War II) despite government transfers that totalled an incredible $20 for every dollar of other income that Canadians lost.  See:  Canada’s GDP Collapse reveals how Trudeau’s debt-binge … Continue reading →

Posted in Main Page | Comments Off on Wealth effects from asset bubbles and stimulus are transitory

Concentration risk stalks retirement savings

Posted on March 3, 2021 by Danielle Park

Some of the largest funds held in retirement savings accounts–presumed to be well-diversified–are not.  This exposes holders to larger drawdown risk and volatility than most understand.  As hot stocks and sectors have pulled markets higher, their concentration in benchmarks and … Continue reading →

Posted in Main Page | Comments Off on Concentration risk stalks retirement savings

Equities offer hideous duration risk at record highs

Posted on March 2, 2021 by Danielle Park

The highest quality bonds have sold off-year to date while risky assets have leapt.  The opposite happened last February to March when risk assets last crashed.  The negative correlation offered by treasury bonds is extremely valuable in managing portfolio risk. … Continue reading →

Posted in Main Page | Comments Off on Equities offer hideous duration risk at record highs