Author Archives: Danielle Park

Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here. The number of U.S. permanent job losses (inverted … Continue reading →

As we covered in our client letter for August on Monday, central banks can pump money into financial intermediaries and buy some securities to increase cash in the system but they cannot force lending nor productive investment through the economy. … Continue reading →

The COVD-19 shock is unfolding in phases.  The first was the global shutdown and market collapse into the end of the first quarter. The second was a bounce in economic data and asset prices into the summer as central banks … Continue reading →