Author Archives: Danielle Park

What went up the most is coming down the most–bank on it

Posted on January 11, 2019 by Danielle Park

As I have explained frequently, asset prices that went up on the same low rates, lax lending, speculation and foreign capital flows the past decade are now coming down together all around the world.  In the process, the assets, markets, … Continue reading →

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Please note, unemployment lows go with stock market tops

Posted on January 10, 2019 by Danielle Park

While the financial sales force likes to declare low unemployment as bullish for the economy and stocks, my partner Cory Venable offers the below chart to remind of the negative correlation between US unemployment cycles (in blue) and S&P 500 … Continue reading →

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Overdue insolvency cycle underway in Canada

Posted on January 10, 2019 by Danielle Park

Even though the Bank of Canada paused in hiking its policy rates in December and yesterday, many Canadians are already contending with a doubling of interest rates on their unsecured lines of credit in the past year. At the same … Continue reading →

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