Author Archives: Danielle Park

Government-boosted economy approaches next hard return

Posted on August 18, 2020 by Danielle Park

America’s largest retailer Walmart reported today that it ended its latest quarter July 31st with revenues 5.6% higher than a year earlier as consumers spent government support funds:  “Stimulus was definitely impactful to the consumer in the second quarter, and … Continue reading →

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Canada’s housing bubble most ominous in the G7

Posted on August 17, 2020 by Danielle Park

Canadian real estate prices have increased by 88% since 2005–nearly triple the pace of any G7 country (red line below since 1975). The next closest is Germany (in yellow), with an increase of 32.3% over the same period.  Historical precedents … Continue reading →

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Global recession: China, commodities and global impacts

Posted on August 14, 2020 by Danielle Park

The slowdown in global economic activity has been accelerated by COVID-19 but was ongoing well before it as debt weight and aged populations continue to curb consumption.  This has implications for all countries but particularly those with less household wealth … Continue reading →

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