Author Archives: Danielle Park

Who in the world has been buying stocks at increasingly speculative-grade valuations over the past five years?  As charted below, the biggest net buyers have been public corporations themselves as management used liquidity driven by central banks to buy back … Continue reading →

Economic weakness is already global and very likely to be measured as recessionary in backward-looking assessments months hence. Falling revenues globally are intensifying a cash crunch and drawing capital flows out of emerging markets and currencies and into the most … Continue reading →

I am just finishing Chris Turner’s important book The Patch: the people, pipelines and politics of the oil sands.  Every Canadian could benefit from reading it and learning more about this history and what present challenges import for Alberta and … Continue reading →